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Air Liquid: A €65 million additional investment in the Port of Rotterdam

  Air Liquid: A €65 million additional investment in the Port of Rotterdam

Business Wire

ROTTERDAM, Netherlands & PARIS -- February 7, 2013

Regulatory News:

Air Liquide (Paris:AI):

Rotterdam is the second largest chemical and petrochemical basin in Europe.
This industry has maintained its momentum, despite the crisis, across Western
Europe, with dynamic players demonstrating sustained demand for industrial
gases. In this context, AirLiquide will invest an additional €65million in
the Rotterdam basin.

Air Liquide has recently signed a long-term contract with Huntsman, a global
manufacturer and marketer of differentiated chemicals. Under the terms of this
agreement, AirLiquide will supply carbon monoxide to both of the MDI plants
that Huntsman Polyurethanes operates in the Botlek area of the Port of
Rotterdam.

Air Liquide will invest in a new carbon monoxide production unit in the Port
of Rotterdam, to be located next to the company’s existing facilities.
Theplant, which will be commissioned in the first half of 2015, will double
AirLiquide’s carbon monoxide production capacity in the basin. This
additional carbon monoxide will also help meet new needs of AirLiquide’s
customers in the Port.

The plant will be designed and built by Air Liquide’s Engineering and
Construction teams, and will incorporate the Group’s latest technologies to
ensure the highest levels of energy efficiency, reliability and safety.

Guy Salzgeber,  Vice-President, North and Central Europe and a member of the
AirLiquide Executive Committee, commented: “We thank Huntsman for its renewed
trust in Air Liquide and for the long-term partnership we have been building
together. Through this new investment, AirLiquide reinforces its position in
the Port of Rotterdam through cutting edge technology and industrial
integration. Air Liquide has already invested €400 million in new industrial
production units over the last five years in this key industrial area, helping
European industrial companies increase their competitiveness.”

Nick Webster, Vice President Huntsman Polyurethanes EAIME said: “Building on
our long-term partnership with Air Liquide, we are delighted to host the new
carbon monoxide plant at our Rotterdam facility. Investments like these are
critical to maintaining competitiveness both now and in the future.”

MDI (Methylene Diphenyl Diisocyanate) is one of the initial components of
polyurethane, which is used to manufacture high resilience foam seating,
durable elastomeric wheels, high performance adhesives, etc.

Air Liquide in Benelux

Founded in Belgium in 1906 and in the Netherlands in 1913, Air Liquide
currently operates 27industrial sites all over Benelux. Its 1,100 employees
serve more than 25,000 customers.

The Large Industries Business Line

offers gas and energy solutions that improve process efficiency and help
achieve greater respect for the environment, mainly in the refining and
natural gas, chemicals, metals and energy markets. 2011 revenues were €4,585
million.

Air Liquide is the world leader in gases for industry, health and the
environment, and is present in 80countries with 46,200employees. Oxygen,
nitrogen, hydrogen and rare gases have been at the core of Air Liquide’s
activities since its creation in 1902. Using these molecules, Air Liquide
continuously reinvents its business, anticipating the needs of current and
future markets. The Group innovates to enable progress, to achieve dynamic
growth and a consistent performance.

Innovative technologies that curb polluting emissions, lower industry’s energy
use, recover and reuse natural resources or develop the energies of tomorrow,
such as hydrogen, biofuels or photovoltaic energy… Oxygen for hospitals, home
healthcare, fighting nosocomial infections… Air Liquide combines many products
and technologies to develop valuable applications and services not only for
its customers but also for society.

A partner for the long term, Air Liquide relies on employee commitment,
customer trust and shareholder support to pursue its vision of sustainable,
competitive growth. The diversity of Air Liquide’s teams, businesses, markets
and geographic presence provides a solid and sustainable base for its
development and strengthens its ability to push back its own limits, conquer
new territories and build its future.

Air Liquide explores the best that air can offer to preserve life, staying
true to its Corporate Social Responsibility and sustainable development
approach. In 2011, the Group’s revenues amounted to €14.5 billion, of which
more than 80% were generated outside France. AirLiquide is listed on the
Paris Euronext stock exchange (compartment A) and is a member of the CAC 40
and Dow Jones Euro Stoxx 50 indexes.

Contact:

Corporate Communications
Corinne Estrade-Bordry, + 33 (0)1 40 62 51 31
Garance Bertrand, + 33 (0)1 40 62 59 62
or
Investor Relations
Virginia Jeanson, +33 (0)1 40 62 57 37
Annie Fournier, +33 (0)1 40 62 57 18
or
Communications Air Liquide
Benelux
Jaap Hoogcarspel, +31 (0)102 62 20 77
 
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