A new long-term contract between Air Liquide and major steel industry player, PAO Severstal, has been signed. The contract will see Air Liquide invest around €60m into constructing a state-of-the-art Air Separation Unit (ASU) on the Severstal CherMK site in Russia.
Air Liquide will guarantee a supply of oxygen to the CherMK site and the ASU will become the site’s fourth Air Liquide-owned ASU.
The new ASU features improved energy efficiency and will produce 1,000 tons of oxygen per day.
Francois Jackow, Executive Vice President and a member of the Air Liquide Group’s Executive Committee supervising Europe Industries activities, said of the partnership, “This new contract will further strengthen our long-term partnership with Severstal, which we have been regularly building since 2005.”
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