Air Liquide to Invest EU40 Million in South African ASU

Published : Feb 15, 2012 - 09:35 Updated : Feb 15, 2012 - 09:36

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Gas cylinders stand at the Air Liquide SA factory in Moissy Cramayel, France, on Monday, Feb. 13, 2012. (Bloomberg)

A tanker is seen parked alongside a gas storage tank at the Air Liquide SA factory in Moissy Cramayel, France, on Monday, Feb. 13, 2012. (Bloomberg)

Air Liquide SA will invest 40 million euros in a new air separation unit in South Africa after signing a long-term gas supply contract with Evraz Highveld Steel & Vanadium, the company said in an e-mailed statement today. (Bloomberg)

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