 |
|
|
 |
|
|
|
Information Paris, July 22, 2004 Press Release New contract with two large industrial groups in Austria
With 6,137 employees and sales of 7.6 billion euros, OMV is the top company listed on the Austrian stock exchange. The Austrian government owns 35% of OMV and IPIC, and an Abu Dhabi government-owned corporation, 19.6%. With a staff of 5,000 and sales of 3.7 billion euros, Borealis is the second largest polyolefins producer in Europe, producing more than 3.5 million tonnes per year, and employing around 5,000 people. Borealis is owned 50% by the Norwegian oil company, Statoil, and 50% by IOB Holdings, owned equally by OMV, the Austrian oil and natural gas group, and by the International Petroleum Investment Company (IPIC) of Abu Dhabi. Nitrogen is used in the refinery process mainly to prevent the risk of explosion in tanks, installations and systems and to carry out certain operations, notably maintenance. Polypropylene plants such as Borealis use nitrogen in the manufacturing process. Air Liquide will rely on the recently announced new air separation unit (ASU) to be built on its Schwechat site to meet the needs of these two customers. An extended pipeline system will service Borealis. "We are further developing our industrial basin strategy in this region," stated Jean-Pierre Duprieu, Executive Vice-President and a member of the Air Liquide Group's Executive Committee, "based on our technological expertise, our extremely comprehensive offer of products and services, and our strong and close relations with customers." Air Liquide Austria, Air Liquide's subsidiary in Austria, has a staff of 255 and sells industrial and medical gases, equipment and related services worth 63 million euros annually. ****************** 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 |
||||||||||||
 |
||||||||||||
