Vaporizer Sales Hit the Heights in 2023

FinnCo, the vaporizer arm of FIBA Technologies Inc., saw a significant increase in demand for its full range of vaporizers in 2023.  By substantially increasing ambient vaporizer capacity and broadening its offer to now include electric, direct steam, and water-circulating vaporizers, FinnCo has secured contracts to supply into a wide variety of sectors, including hydrogen, aerospace and medical.

Jim Hanly, Director of Product Development at FinnCo, comments: “FinnCo has achieved a huge upswing in sales this year, with the green energy sector leading the way in investing in vaporizers.  The manufacture of hydrogen for fuel cells requires robust and adaptable vaporizers, and FinnCo’s experience alongside FIBA – which manufactures the majority of high pressure storage vessels for hydrogen – has enabled us to leverage our expertise with high pressure hydrogen tube trailers to high pressure vaporizers. 

“We are fortunate to manufacture vaporizers for all the key operators in the space exploration industry and the increased activity in this sector has driven an increased demand this year for large scale cryogenic vaporizers for fueling and testing purposes.

“FinnCo has also seen a growth in demand for customized vaporizers for mobile fueling and pressure building, as has the need for powered vaporizers, such as shell and tube and electric vaporizers.

“In all, 2023 has exceeded our expectations.  We’re now investing to be prepared for further growth in 2024.”