Air Liquide : Belgium: Additional Investment of €50Million in the Antwerp
PARIS -- July 26, 2013
Regulatory News :
Air Liquide (Paris:AI) :
The chemicals industry has maintained its position in Western Europe’s major
industrial basins, buoyed by dynamic players with significant industrial gas
needs. The Antwerp basin is the largest chemical and petro-chemical basin in
Air Liquide has just signed a long-term contract with BASF to supply carbon
monoxide to its MDI* production unit located in Antwerp, Belgium.
Air Liquide will invest in a new carbon monoxide production unit located next
to its existing facilities. This unit, which is scheduled to be up and running
in the first quarter of 2015, will double Air Liquide’s carbon monoxide
production capacity in this basin.
The overall investment will amount to around €50 million.
This unit will be designed and built by AirLiquide Engineering and
Construction teams, using state-of-the-art technologies that offer energy
efficiency as well as optimal performance and safety.
Guy Salzgeber, Vice-President, Western Europe and a member of the AirLiquide
Executive Committee, commented: “Understanding the needs and constraints of
our customers allows us to provide them with cutting-edge technology
solutions. Through its investments, Air Liquide supports the development and
competitiveness of European manufacturers.”
*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 throughout 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. 2012 revenues were €4,585
Air Liquide is the world leader in gases for industry, health and the
environment, and is present in 80countries with close to 50,000employees.
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 for the good of society while
delivering profitable growth and 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 2012, the Group’s revenues amounted to €15.3billion of which
82% 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.
Follow us on Twitter @AirLiquideGroup
Corinne Estrade-Bordry, + 33 (0)1 40 62 51 31
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Air Liquide Benelux
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