23 February 2006 17:05 [Source: ICIS news]
LONDON (ICIS news)--Air Liquide said on Thursday its Shuaiba Oxygen subsidiary is to build an air separation unit to supply oxygen, nitrogen and compressed air to Equate Petrochemical Co in Shuaiba, Kuwait.
Shuaiba Oxygen, a joint venture between Air Liquide, Kuwait Industrial Gases Co and Mohammed Abdulmohsen Al-Kharafi and Sons, has signed a 20-year contract with Equate, Air Liquide said.
To meet the terms of the contract, Shuaiba Oxygen will invest nearly Euro70m ($83m) in the air separation unit, which will have an oxygen capacity of 1,500 tonne/day. Air Liquide said the facility is expected to be commissioned during the third quarter of 2008.
Equate, which is a joint venture between ?xml:namespace>
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