Air Liquide has signed long-term contracts with two steel producers in China and will invest a total of €75m to meet the needs of these new customers.
This investment strengthens the group’s leading position in the Chinese steel market.
China is the largest steel maker worldwide with a production that rose 14% to a record 568 million tonnes in 2009 – nearly half the world’s production.
As China’s focus moves towards better utilisation of its steel-making capacities, oxygen is the key to enhancing productivity.
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