Air Liquide invests €55m to expand gas infrastructure in Indonesia

09 March 2012 09:18  [Source: ICIS news]

SINGAPORE (ICIS)--Air Liquide is expanding its gas infrastructure at two separate locations in West Java, Indonesia, with a total investment of around €55m ($73.3m), the French industrial gases firm said on Friday.

Part of the investment will be made in Cikarang Barat, West Java to meet the growing demand of Indonesian steel manufacturer Gunung Steel Group (GSG), Air Liquide said in a statement.

Air Liquide will invest, build and operate a new air separation unit to supply gaseous oxygen, nitrogen and argon to Gunung Raja Paksi, a subsidiary of GSG, as part of an agreement signed in end 2011, a company source said.

The new air separation unit will produce more than 2,000 tonnes/day of oxygen, nitrogen and argon and is expected to be commissioned by 2013, the company said.

At the end of 2011, Air Liquide commissioned a 190 tonne/day air separation unit in the same industrial area at Cikarang Barat to supply Gunung Garuda, also a subsidiary of GSG, the source said.

At Cilegon in West Java, Air Liquide has commissioned a 440 tonne/day liquefier and a 330 tonne/day air separation unit, which are expected to come on stream at the end of this quarter, the company said.

These production units will be operated by the company’s gas and services arm and will supply oxygen, nitrogen and argon to the steel and chemical industries in the Cilegon Basin, the source said.

“These new investments will enable us to provide innovative solutions based on quality, reliability and efficiency and to serve the fast growing West Java area,” Jean-Marc De Royere, chairman and CEO of Air Liquide Asia Pacific said in the statement.

($1 = €0.75)


By: Samuel Wong



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