Air Liquide: Record Number of Plant Start-Ups in the Last Two Months

  Air Liquide: Record Number of Plant Start-Ups in the Last Two Months

Business Wire

PARIS -- February 12, 2014

Regulatory News :

Over the course of December and January, Air Liquide (Paris:AI) completed the
commercial start-up of 8 large-scale units around the world, concretizing a
string of commercial successes in growth markets.

In particular, Air Liquide has started up four large-scale Air Separation
Units (ASUs) in China. These units will supply customers in the fields of
energy and chemicals under the terms of long-term contracts and are located in
the provinces of Shanxi, Guangdong, Shaanxi and Jiangsu, where Air Liquide has
also started up a syngas purification unit.

With the start-up of these four ASUs, whose combined capacity is 10,000 tons
per day, the Group increases its oxygen-producing capacity in China by close
to 50%.

In addition to these start-ups in China, four other large-scale units have
been commissioned around the world, serving customers in the fields of gas and
oil exploration, iron and steel, as well as petrochemicals, in Mexico, South
Africa, Taiwan and Canada.

All of these recently commissioned units are the result of growth investments
the Group has made since 2010, totaling around 400 million euros. They will
ramp-up during the course of 2014 and 2015.

François Jackow, Group Vice President, Corporate Strategy, member of the Air
Liquide Executive Committee supervising the Group’s Large Industries World
business line, commented: “These start-ups strengthen our leadership position
in growth markets, particularly in China. They reflect our strategy of
targeted investments and attest to the diversity and dynamism of our customers
in growing market segments. The technologies, as well as the Group’s
operational know-how, enable Air Liquide to offer its customers high value
added solutions that contribute to their competitiveness.”

Large Industries World 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. In 2012, revenues were
€5,015 million.

Air Liquide in China
operates more than 70 plants and employs 4,000 employees today, with a strong
presence in the key coastal industrial areas, and is expanding into the
center, south and west. Air Liquide also has strong Engineering and
Construction capabilities via its Global E&C Solutions division. Air Liquide
resumed the development of its activities in China in the 1970s with the
supply of AirSeparation Units and restarted gas operations in 1990.

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World leader in gases, technologies and services for Industry and Health, Air
Liquide is present in 80 countries with close to 50,000 employees and serves
more than 2 million customers and patients. Oxygen, nitrogen and hydrogen have
been at the core of the company’s activities since its creation in 1902. Air
Liquide’s ambition is to be the leader in its industry, delivering long-term
performance and acting responsibly.

Air Liquide ideas create value over the long term. At the core of the
company’s development are the commitment and constant inventiveness of its

Air Liquide anticipates the challenges of its markets, invests locally and
globally, and delivers high-quality solutions to its customers and patients,
and the scientific community.

The company relies on competitiveness in its operations, targeted investments
in growing markets and innovation to deliver profitable growth over the

Air Liquide’s revenues amounted to €15.3 billion in 2012, and its solutions
that protect life and the environment represented around 40% of sales. Air
Liquide 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.


Air Liquide
Corporate Communications
Anette Rey, +33 (0)1 40 62 51 31
Garance Bertrand, +33 (0)1 40 62 59 62
Investor Relations
Virginia Jeanson, +33 (0)1 40 62 57 37
Annie Fournier, +33 (0)1 40 62 57 18
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