Home Company Profile Worthington Cylinders GmbH
Company Profile

Worthington Cylinders GmbH Company Profile

Anushka Gore Published 10 Mar 2025 Updated 10 Mar 2025

Company Profile

Worthington Cylinders GmbH Basic Information, Manufacturing Base, Sales Area, and Its Competitors

Sr. No.

Item

Description

1

Company Name

Worthington Cylinders GmbH

2

Website

www.worthingtonenterprises.en

3

Established Date

1955

4

Headquartered

Austria, Europe

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Market Position/ History

Worthington Cylinders GmbH was established in 1955, based in Austria, Europe. The company operates its business to more than 90 countries and employs approximately 8,000 people. The company is the largest designer and manufacturer of pressure vessels in Europe, employing more than 1,600 people at sites in Austria, Poland and Portugal. Worthington Cylinders GmbH is a parent company of Worthington Enterprises.

6

Sales Area

Worldwide

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Manufacturing Location

Europe, USA

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Competitors

  • Everest Kanto Cylinders Ltd.
  • AVANCO Composite GmbH
  • Beijing Tianhai Industry

9

CEO

Joseph Hayek

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Ownership Type

Public

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Contact Information

Beim Flaschenwerk 1?3291 Kienberg near Gaming?Austria

Tel: +43(0) 7485606-0

 

Business Segment/ Overview:

Worthington Cylinder GmbH, a subsidiary of Worthington Industries, is a leading manufacturer of high-quality pressure cylinders and vessels. The company produces a range of gas cylinders and pressure vessels for various industries, including industrial gases, transportation, automotive, healthcare, and energy. Specializing in both standard and custom cylinder solutions, Worthington Cylinder GmbH provides products for applications involving compressed gases, cryogenic fluids, and liquid gases.
Worthington Enterprises, the parent company of Worthington Cylinder GmbH, develops and manufactures market-leading brands that enhance safety, health, and personal expression. Operating across three business segments—Building Products, Consumer Products, and Sustainable Energy Solutions—Worthington focuses on innovation and transformation. Its Building Products segment includes solutions such as water systems, heating and cooling solutions, architectural and acoustic ceilings, and metal framing and accessories. The Consumer Products segment encompasses brands like Coleman, Bernzomatic, Balloon Time, Level5 Tools, Mag Torch, Well-X-Trol, General, Garden-Weasel, Pactool International, and Hawkeye, offering tools, outdoor living items, and festival products.
Worthington Enterprises is also contributing to the growth of the global hydrogen ecosystem through its Sustainable Energy Solutions division, which provides on-board fueling systems and gas container solutions for storage. With its new plant expansion, the company is ready to serve renewable energy markets, particularly in automotive, storage, transportation, and refueling sectors. The plant will produce Type III and IV composite pressure vessels, which are lightweight and feature metal or polymer liners reinforced with carbon fiber to withstand high pressures. These vessels are used in applications such as refueling systems for cars, trucks, buses, trains, and ships, as well as storage and transportation systems for compressed hydrogen and compressed natural gas (CNG).
In Europe, Worthington Industries' Sustainable Energy Solutions business focuses on supporting the growing hydrogen ecosystem, along with other sustainable energy solutions like natural gas, by offering innovative solutions for on-board fueling, storage, transport, and distribution of industrial gases.

Hydrogen Storage Tank Product Types Specification

Product

Product Description

METAL Type 1 steel high-pressure gas cylinder

The name “METAL” stands for the Type 1 steel high-pressure gas cylinder. With the lowest weight on the market, optimized geometry and ultra-clean interior, METAL is perfect for stationary storage and transport of high-pressure gases such as hydrogen and natural gas (CNG).

  • Lowest weight on the market
  • Optimized design and unified size
  • High-quality paintwork
  • Strategic reserves for unpredictable market cycles
  • 99% on-time delivery
  • Perfect for stationary storage and transport of hydrogen and natural gas

T3 carbon fiber aluminium

This type is available for cars and commercial vehicles as well as for storage and transport applications in various sizes in the pressure range of 200 – 500 bars. The cylinder stores hydrogen.

Recent Developments:

Year

Latest News

07 Jan. 2021

Worthington Cylinders GmbH acquired PTEC Pressure Technology GmbH

Worthington Cylinders GmbH engaged in acquisition of PTEC Pressure Technology GmbH, a manufacturer of valves and components for high-pressure hydrogen and natural gas storage, transportation and onboard refueling systems based in Germany. The purchase of PTEC complements the investments in the growing sustainable mobility markets and expands the system expertise to offer customers more comprehensive solutions. The integration of PTEC's innovative products and their proven collaboration with vehicle manufacturers into the Worthington product family results in optimization of the supply chain and drive innovation for the hydrogen and natural gas economy. Worthington is expanding its core pressure vessel business to include products that provide comprehensive systems for the storage, transport and use of alternative fuels such as hydrogen and natural gas.

April, 2024

Worthington Cylinders GmbH Collaborated with STOKOTA

The Worthington Cylinders GmbH engaged in collaboration with STOKOTA. This collaboration combines their capabilities to increase production of 20-foot containers. Collaboration can help ensure that the transition to clean mobility takes place quickly enough. STOKOTA and Worthington see a new dynamic in hydrogen infrastructure. Shared expertise offers the opportunity to gain market share more quickly in the hydrogen landscape, which still has plenty of open space. Therefore, the two companies have combined their manufacturing strengths in the development and assembly of hydrogen transport and storage systems.

September, 2022

Worthington Cylinders GmbH opened a new hydrogen plant

Worthington Cylinders GmbH opened a new hydrogen plantThe new plant will manufacture Type III and IV composite pressure vessels. The vessels are lightweight and consist of metal or polymer liners with carbon fiber reinforcement that can withstand high pressures. Applications include refueling systems for cars, trucks, buses, trains and ships, as well as storage and transportation systems for compressed hydrogen and compressed natural gas (CNG).

 

Business Strategy

Worthington Cylinders GmbH focuses on sustainable energy system which specializes in on-board fueling systems and services, as well as solutions for the storage, transport and distribution of industrial gases that support the growing hydrogen ecosystem and similar sustainable energies such as natural gas. Worthington incorporates sustainable practices into its long-term business strategy. The company commercializes hydrogen technology. The company focuses on promotion of essential hydrogen technology for net-zero ambitions. The rising focus on sustainability, boosts the value of company. The company collaborated with its partners to expand the portfolio of product and services in the market. Worthington Cylinders GmbH engaged in acquisition of PTEC Pressure Technology GmbH, a manufacturer of valves and components for high-pressure hydrogen and natural gas storage, transportation. Worthington is expanding its core pressure vessel business to include products that provide comprehensive systems for the storage, transport and use of alternative fuels such as hydrogen and natural gas. 

Management Change

On November 1, 2024, Joseph Hayek was named president and CEO upon the retirement of Andy Rose. The Company continues to operate by a Philosophy rooted in the Golden Rule, with an emphasis on valued employees, continuous improvement and innovation.
 

Anushka Gore is a Senior Research Associate at Cognitive Market Research & Consulting, specializing in the Consumer Goods sector. She is involved in delivering comprehensive market intelligence and business research…

Profile Details

  • Author Anushka Gore
  • Published 10 Mar 2025
  • Last Updated 10 Mar 2025
  • Reading Time~5 minutes
  • CoverageSWOT, Financials, Key Employees, History

Table of Contents

    • 1.1 About Worthington Cylinders GmbH
    • 1.2 Key Facts
    • 1.3 Key Employees
      • 1.3.1 Key Employee Biographies
    • 1.4 History
    • 1.5 Locations & Subsidiaries
      • 1.5.1 Head Office
      • 1.5.2 Other Locations & Subsidiaries
    • 2.1 Company Overview
    • 2.2 Business Segments
    • 2.3 R&D Overview
    • 2.4 Brands
    • 2.5 Key Company Statistics
    • 2.6 Key Financials (2015–2019)
    • 2.7 Share Holder Analysis
    • 2.8 Regional Presence
    • 2.9 Services Offered
    • 3.1 Strengths
    • 3.2 Weaknesses
    • 3.3 Opportunities
    • 3.4 Threats
    • 3.5 Key Competitors
    • 4.1 Company Metrics
    • 4.2 Key Investors
    • 4.3 Recent Funding & Valuation
    • 4.4 Historical Funding & Valuation
    • 5.1 Acquisitions
    • 5.2 Partnerships
    • 6.1 Latest News & Announcements
    • 6.2 Strategic Initiatives
    • 7.1 Summary of Findings
    • 7.2 Strategic Recommendations

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