Air Liquide: New Contract, Investments Strengthen Market Position in Germany
In Germany, economic recovery is progressing quite positively in many industrial sectors. Industrial gases play a major role in numerous production processes. To meet the increasing customer demand over the long term, Air Liquide is investing around €90 million in its large industries business.
Germany's largest air separation unit (ASU) is currently being built in Oberhausen, in North Rhine-Westphalia. With a production capacity of 2,400 tons per day of oxygen, this plant will start up in 2011. The oxygen will be directly fed into the 500 kilometer pipeline network supplying the large customers in the iron and steel, chemical and petrochemical industries in the Rhine-Ruhr area, 24 hours a day year-round.
Furthermore, Air Liquide announced that it has been selected by Aurubis for its new long term needs of oxygen in Hamburg and Lünen (near Dortmund, North Rhine-Westphalia). In that perspective, Air Liquide will construct an additionnal ASU in Hamburg with a capacity of more than 500 tons per day of gaseous oxygen and liquid products; this plant will be commissioned in 2011.
Guy Salzgeber, member of Air Liquide's Executive Committee, Vice-President for North and Central Europe, said: "With these investments, we are very happy to see the materialization of our development efforts in Germany. The new contract with Aurubis marks a further step in the development of the Group's activities in Northern Germany. These are positive signs of the recovery of the investment cycle in Western Europe which is very good news for our activities in these countries."
