• 27/02/2012
  • |     BB

Air Products announces further strategic expansion in Russia

Air Products announced plans today for two new significant investments in Russia, continuing the company’s strategy of investment in growth regions.

Trefwoorden: #air products, #argon, #gas, #liquefier, #nitrogen, #oxygen, #Russia

Lees verder

b2b

ENGINEERINGNET.EU -- Air Products will construct and operate an over 200 ton per day oxygen, nitrogen and argon liquefier and cylinder gases depot in Krasny Sulin in the Rostov region,which has a well-established manufacturing base, strong historic growth rate and very promising development forecasts.

The total value of both investments is over over EUR 25 million. Both the liquefier and packaged gases depot are expected to be on-stream in early 2014.

The new liquefier and cylinder gases depot will supply to the metal, glass, food, chemical and refining industries in the Rostov and surrounding regions.


(picture: Air Products)

BACKGROUNDER
Air Products provides atmospheric, process and specialty gases; performance materials; equipment; and technology. In fiscal 2011, Air Products had sales of $10.1 billion.