Air Liquide signs major contract in China

11-Apr-2003

Air Liquide announces that it has signed a major contract with UID-Yankuang Chemical Industry Company Ltd for the construction of an air separation unit to supply large quantities of oxygen to a coal facility located in the Shandong Province, in the Eastern part of China along the Yellow Sea.

This unit is expected to produce 60,000 Nm3 of oxygen per hour. It will be the largest air separation plant ever built by Air Liquide Hangzhou (ALHZ), the Engineering & Construction Division of Air Liquide in China. The plant will be fully designed and built by ALHZ local teams and should be commissioned at the beginning of 2005.

This contract is the first step of a close cooperation with the Yangkuang Co Ltd group, a major Chinese holding with about 50 subsidiaries including Yangzhou Coal Mining Co Ltd, which is listed the New-York, Hong-Kong and Shanghai Stock Exchanges.

"We are very proud of this new partnership with a major group like UID-Yankuang Chemical Industry " said Pierre Dufour, Executive Vice President, Air Liquide. "Competition was tough and this success reflects the technological expertise of the Group as well as its competitiveness on such large projects. In-depth knowledge of the customer's process, proximity as well as the competence of our local teams have been key success factors in Air Liquide being selected. Air Liquide thus enhances its position in a fast growing area in China, a country where we have a strong presence and where we are expanding our business."

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