Air Liquide signs long-term contact with S African steel producer

06 February 2012 12:56  [Source: ICIS news]

LONDON (ICIS)--Air Liquide has signed a long-term investment contract with South African steel producer Evraz Highveld and Vanadium, the France-based industrial gases firm said on Monday.

Air Liquide's engineering and construction team will design and manufacture a new air separation unit (ASU) with a production capacity of 770 tonnes oxygen/day.

The ASU, which will produce liquid oxygen, nitrogen and argon to meet the growing demand from South Africa’s industrial merchant market, is expected to be commissioned at the end of 2013, said Air Liquide.

“This contract is another milestone for the group in South Africa as it represents a major improvement in our position in a growing market," said Pierre Dufour, senior executive vice-president of the Air Liquide group supervising the Africa and Middle East zone.

"Air Liquide is the fastest growing player in southern Africa and this will also allow us to expand our footprint in the sub-Saharan zone. Developing economies are one of the group’s growth drivers,” he added.

“We are delighted to partner with Air Liquide for the supply of oxygen and other gases, which are critical to our processes. Air Liquide brings worldwide experience and we are convinced it will deliver the reliability we require,” said Evraz Highveld Steel and Vanadium CEO Mike Garcia.

Financial details of the deal were not disclosed.

By: Leigh Stringer
+44 208 652 3214

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