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Information Paris, July 26, 2004 Press Release Air Liquide to supply to a major alluminium manufacturer in Australia
Comalco is in the process of building Stage 1 of an AUD $1.4 billion (815M€) alumina refinery at Gladstone i Queensland with a capacity of 1.4 million tonnes pa. Comalco needs large quantities of oxygen and nitrogen for application in its refinery processes for the removal of organic compounds from the slurry and to improve product qualityu and productivity. Air Liquide will install a new air separation unit of 70 tonnes/day capacity to meet Comalco's needs as well as service other industrial customers in Central Queensland. This project is of great stratetgic importance to Air Liquide in Australia, as it now establishes its own air gas production source in Queensland. Comalco is a wholly owned subsidiary of Rio Tinto and is a major supplier of bauxite, alumina and aluminium products to world markets. The company's bauxite reserves mean Comalco is well placed to maximise the opportunities currently presented by the growth in global demand for alumina and aluminium, particularly from economies such as China. Colin Kennedy, Senior Vice - President Asia, India, Pacific and member of the Executive Committee of Air Liquide said "We are very pleased to be selected by Comalco to supply industrial gases to its new alumina refinery in Gladstone on a long term basis. This further develops our business partnership with the Rio Tinto group and also gives us the opportunity to reinforce our presence in Queensland with local production of bulk air gases." ****************** Present in 65 countries, Air Liquide is the qorld leader in industrial and medical gases and related services. The Group offers innovative solutions based on constantly enhanced technologies. These solutions, which are in line with Air Liquide's commitment to sustainable development, help to protect life and enable our customers to manufacture meny indispensable everyday products. Founded in 1902, Air Liquide has more than 31,900 employees. The Group has successfully developed a long-term relationship with its shareholders built on confidence and transparency and guided by the principles of corporate governance. Sales in 2003 totaled 8,394 million euros, of which sales outside France accounted almost 80%. Ait Liquide is listed on the Euronext Paris stock exchange and is a component of the CAC 40 and EuroStoxx 50 indexes (ISIN code FR 0000120073). For further information, please contact:
www.airliquide.gr |
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