23 July 2010 10:07 [Source: ICIS news]
SINGAPORE (ICIS news)--French specialty gases major Air Liquide has signed a €50m ($64.1m) contract with Russia’s Severstal to provide industrial gases to the steel producer through a new air separation unit in Cherepovets, Russia, the company said on Friday.
The plant, which would be located in Severstal’s integrated steel mill, was scheduled to come on stream in late 2012, the company said in a statement.
When completed, the unit would be able to produce 2,000 tonnes/day of gaseous oxygen, in addition to nitrogen, argon and rare gases, it added.
The new unit would be built and operated by Air Liquide Severstal (ALS), a joint-venture between Air Liquide and Severstal, according to the statement.
ALS’ new separation unit would increase the company’s total production capacity at the Cherepovets site to 5,000 tonnes/day, it said.
($1 = €0.78)
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