Air Liquide: Major Contract with Shagang, Leading Steel Manufacturer in China
Air Liquide will invest about 90 million euros to install two large air separation units
Air Liquide announced the signature of its largest long term contract in China with Shagang, which has decided to outsource its increasing industrial gases needs. Under the terms of this agreement, Air Liquide will invest about 90 million euros to install two large air separation units (ASU) of 2000 tonnes per day of gaseous oxygen each, to supply oxygen, nitrogen and argon to Shagang steel mills in Zhangjiagang, Jiangsu Province. The units, which will start in Q2 2009, will also supply other local industrial customers with gaseous or liquid products. It will have in particular, capacity of 600 tonnes per day of liquid nitrogen and oxygen to meet the demands of a fast growing market. The units, designed and manufactured by Air Liquide Hangzhou, the Air Liquide engineering centre in China, will use the latest technologies providing both high reliability and high-energy efficiency.
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