Air Liquide will invest €60 million build ASU in China

Air Liquide will invest €60 million to build ASU in China

6:17 AM, 4th July 2015
Air Liquide will invest €60 million to build ASU in China
Further investment in China: Air Liquide signs long-term contract with leading copper producer Shandong Fangyuan to build air separation unit at Dongying, Shandong province site.

TOULOUSE, FRANCE: Air Liquide SA said it will form a long-term contract with Shandong Fangyuan, China’s leading privately-owned copper smelter and one of the world’s largest copper producers. Air Liquide will invest around €60 million in a air separation unit (ASU) with a capacity of 2,000 tonne of oxygen per day, expected to be commissioned by the second half of 2017.

The contract signing ceremony took place in Toulouse (France) within the French-Chinese Economic Summit, in presence of the French and Chinese prime ministers.

The new ASU, located in Dongying, Shandong province, will be built by Air Liquide’s engineering and construction teams, using technologies offering energy efficiencies as well as optimal reliability and safety. It will support Shandong Fangyuan’s ongoing large-scale expansion plan to increase smelting capacity at the Dongying site from 400,000 tonne to 700,000 tonne per year by 2017.

The oxygen supplied will boost productivity of the smelter while reducing overall CO2 emissions and cutting maintenance costs. Air Liquide will also provide support for an optimized usage of Shandong Fangyuan’s oxygen injection technology. Oxygen injection is a strategic technology for the non ferrous industry in which Air Liquide has over 20-years of proprietary research and several industrial references.

“Through this partnership, Air Liquide and Shandong Fangyuan will implement the best available oxygen technologies in a long term development model which combines cost efficiency and contribution to lowering environmental impact,” said Francois Venet, vice-president, Asia Pacific and executive committee member, Air Liquide.

“At Shandong Fangyuan, we use our proprietary integrated multi-metal process for extracting copper, gold, and silver worldwide. Thanks to Air Liquide’s expertise in industrial gases, we can now fully leverage our oxygen injection technology and elevate Shandong Fangyuan to a cutting-edge, world-scale smelter,” said Cui, chairman, Shandong Fangyuan.

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