Air Liquide Strengthens Its Presence in Poland With a New Long-Term Contract With KGHM
13 Ottobre 2020 - 9:15AM
Dow Jones News
Regulatory News:
Air Liquide (Paris:AI) and KGHM Polska Mied , one of the largest
producers of copper and silver in the world, have signed a new
long-term contract for the supply of oxygen and nitrogen at the G
ogów site in Poland. Air Liquide will invest around 40 million
euros in the construction of a state-of-the-art Air Separation Unit
(ASU) which offers high levels of energy efficiency and
reliability. In addition, the extended liquid argon production will
support growth of the Industrial Merchant business in Poland.
This new investment will add a capacity of more than 1,200 tons
of oxygen per day on the G ogów site, which will bring Air Liquide
total oxygen production capacity on this location to close to 2,800
tons per day. Together with the liquid argon production capacity it
already has on the site today, the new production facility will
strengthen Air Liquide's position in Poland, increase its
competitiveness and support the growth momentum of the Group's
Large Industries and Industrial Merchant activities in the
region.
The Air Separation Unit will be designed and manufactured by Air
Liquide Engineering & Construction and will incorporate the
Group's latest technologies, which offer the highest levels of
energy efficiency and reliability. In line with Air Liquide's
Climate Objectives, and KGHM sustainable development goals, both
parties will further explore opportunities to lower the carbon
footprint of the site in the future.
François Jackow, Executive Vice President and a member of the
Air Liquide Group's Executive Committee said: "We are pleased to
strengthen our collaboration with our customer KGHM. With this new
project, Air Liquide reinforces its presence in the dynamic market
of Poland. This investment is in line with our development strategy
underpinned by growth of our Large Industries business in major
industrial sites and by the strength of our integrated model that
enables expansion of the Industrial Merchant activity."
Air Liquide in Poland
Air Liquide's operations in Poland date back to 1995 and has
since established a strong industrial and service base. With more
than 800 employees nationwide today and 4 air gases production
plants the company has become a premier supplier to selected
markets, including metals, automotive, electronics manufacturing,
food and beverage, chemicals, research and analysis,
healthcare.
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 80 countries with
approximately 67,000 employees and serves more than 3.7 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide's scientific territory and have been at the core of the
company's activities since its creation in 1902.
Air Liquide's ambition is to be a leader in its industry,
deliver long term performance and contribute to sustainability. The
company's customer-centric transformation strategy aims at
profitable, regular and responsible growth over the long term. It
relies on operational excellence, selective investments, open
innovation and a network organization implemented by the Group
worldwide. Through the commitment and inventiveness of its people,
Air Liquide leverages energy and environment transition, changes in
healthcare and digitization, and delivers greater value to all its
stakeholders.
Air Liquide's revenue amounted to 22 billion euros in 2019 and
its solutions that protect life and the environment represented
more than 40% of sales. Air Liquide is listed on the Euronext Paris
stock exchange (compartment A) and belongs to the CAC 40, EURO
STOXX 50 and FTSE4Good indexes.
www.airliquide.com
Follow us on Twitter @airliquidegroup
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201012005840/en/
CONTACT: Corporate Communications
media@airliquide.com
Investor Relations
IRTeam@airliquide.com
Air Liquide Polska
Ma gorzata G awińska
malgorzata.glawinska@airliquide.com
+48 12 627 93 13
SOURCE: Air Liquide
Copyright Business Wire 2020
(END) Dow Jones Newswires
October 13, 2020 03:00 ET (07:00 GMT)
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