Air Liquide has announced new agreements in both India and China to invest in air separation units (ASU) for expanding industries.
The company signed a long-term agreement with Rashtriya Ispat Nigam Limited (RINL), the second largest government-owned steel company in India, to invest, build and operate two ASUs scheduled for startup in late 2012. The units will have a total installed oxygen capacity of more than 1,800 tonnes per day. Air Liquide will also produce liquid gases for RINL, such as oxygen, nitrogen and argon.
In China, Air Liquide has signed a long-term contract with Tongmei Guangfa Chemical Industry Co., Limited to invest in a large ASU for the coal production company. Approximately 60 million Euros will be put toward the ASU, which will have a production capacity of 2,000 tonnes of oxygen per day.
Jean-Marc de Royere, Senior Vice President Asia-Pacific at Air Liquide, expressed satisfaction with the recent agreements in India and China. “Developing countries are a growth driver of Air Liquide,” he said.
