Growth in the Middle East: new Air Liquide Group investments in 3 countries

The Middle East economies continue to grow, generating many different needs for industrial gases. Air Liquide, the world-leading Group in the Middle East, continues its development. In order to support its customers from the steel sector in this growth area, the Group is investing in new production units, representing a total investment of almost €60 million.

In Egypt, in the industrial zone of Sadat City, midway between Cairo and Alexandria, the Group has signed a new long term contract with the steel manufacturer EZZ for their supply of gaseous oxygen. A production unit with a capacity of 110 tonnes per day of gaseous oxygen will be commissioned at the end of 2011 and will enable the customer to increase its production of steel for long products.

In Qatar, through its subsidiary GASAL, the Group has signed a new long term contract with Qatar Steel. Within this framework, a new oxygen production unit will be added to the existing two, bringing the total production capacity on this site to 650 tonnes of oxygen per day. This unit will be commissioned in the first quarter of 2012.

Furthermore, the Group has begun activities in Syria with its first unit in the country. An oxygen production unit with a capacity of 200 tonnes per day, dedicated to the steel producer Medsteel, has just been commissioned in the new industrial city of Adraa, near Damascus. This unit, which also produces liquid nitrogen and argon, will contribute to supply the industrial gases market throughout the Levant region.

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