Russia: Air Liquide signs a new major contract in the Chemical industry
Air Liquide will invest, build and operate a new state-of-the-art Air Separation Unit (ASU)
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Air Liquide announced the signature of a long term agreement with RusVinyl - a joint venture between a Russian leading chemical company Sibur and the Belgian polyvinyl chloride (PVC) major Solvin (75% Solvay - 25% BASF). Air Liquide will supply oxygen, as well as nitrogen and compressed dry air to RusVinyl’s new world-scale PVC plant being built in Kstovo, in the region of Nizhny Novgorod.
Air Liquide will invest, build and operate a new state-of-the-art Air Separation Unit (ASU) with a capacity of more than 350 tonnes per day of oxygen in Kstovo, which is scheduled to start-up at the end of 2012. In addition, Air Liquide will produce a large quantity of liquid air gases (oxygen, nitrogen and argon) to meet the needs of the industrial customers in this region.
The Air Liquide investment amounts to €60 million for the production facilities and for the supply chain altogether.