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Air Liquide sells Greece-based assets to SOL Group By Mary Page Bailey | February 17, 2021 Air Liquide SA (Paris, France) announced the sale of its entities in Greece to Italian multinational corporation SOL Group. This transaction includes Air Liquide Hellas (ALH) and Vitalaire Hellas entities. As part of the divestiture, the existing assets of Air Liquide in Greece have been transferred to SOL. Air Liquide’s 104 employees in the country are now SOL employees. The divestment illustrates Air Liquide’s strategy to review its asset portfolio regularly and focus its expansion in key industrial regions in order to increase its geographic density and therefore enhance performance. ....
INOXAP to set up cryogenic unit for ArcelorMittal By IANS | Published on Wed, Feb 10 2021 14:27 IST | 0 Views
NASA and industry have developed and tested numerous technologies to enable long-term cryogenic fluid management, which is essential for establishing a sustainable presence on the Moon and helping crewed missions to Mars. (Photo: NASA). Image Source: IANS News Mumbai, Feb 10 : Industrial and Medical Gases major INOX Air Products will set up a cryogenic Air Separation Unit for ArcelorMittal Nippon Steel India at its Hazira Plant. Accordingly, this air separation unit will supply oxygen and nitrogen gases required to meet the additional demand due to the phased brownfield expansion of AM/NS India s capacity from the current 7.2 to 8.6 MTPA. ....
Provided by Dow Jones Feb 10, 2021 6:35 AM UTC Industrial Merchant sales (-7.1%) were impacted by the public health crisis, but enjoyed a strong sequential improvement starting in the 3rd quarter. The slowdown was partly offset by high pricing impacts of +3.6% over the year. The contribution from helium gradually declined and represented less than 15% of pricing impacts during the 4th quarter. Sales were up in the Food, Pharmaceuticals, Research, and Retail & Craftsmen markets during the 4th quarter, whereas sales in industrial sectors such as Metal Fabrication and Automotive remained down despite a gradual recovery during the 2nd half of the year. In the United States ....
INOX Air Products bags contract from ArcelorMittal for air separation unit at Hazira Plant ANI | Updated: Feb 08, 2021 17:51 IST Mumbai (Maharashtra) [India], February 8 (ANI/PRNewswire): INOX Air Products (INOXAP), India s largest manufacturer of Industrial and Medical Gases, has announced that it has bagged a prestigious contract from ArcelorMittal Nippon Steel India Ltd (AM/NS India) to set up its 5th cryogenic Air Separation Unit at Hazira Plant. The installation of the fifth ASU by INOXAP at Hazira will give shape to India s largest single-operator onsite Industrial Gas Complex on a BOO basis, which will support the first major expansion in India by ArcelorMittal, world s largest steel company, after the acquisition of Essar Steel. ....