Bahrain-based United International Bank (UIB) has announced the launch of a subscription offering for a leading LPG filling systems and equipment manufacturing company.

The bank has started inviting investors to subscribe for shares in Kosan Crisplant, a European company and the global leader in providing systems and solutions for the filling and reconditioning of liquefied petroleum gas (LPG) cylinders.

Kosan Crisplant has supplied 2,400 plants in some 120 countries world-wide covering large international corporations, state-owned enterprises, national oil and gas companies and private businesses.

'Kosan Crisplant operates state-of-the-art research and development, design and test facilities and delivers complete filling and reconditioning systems for LPG cylinders, including turnkey engineering services and complete on site service packages,' said UIB general manager and acting chief executive officer Abdulla Janahi.-TradeArabia News Service