SOURCE: Industrial Info Resources

Industrial Info Resources

July 01, 2011 02:45 ET

Booming Steel Industry Prompts Growth of Air Liquide Air Separation Units in Europe, Middle East, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - Jul 1, 2011) - Researched by Industrial Info Resources Europe (Galway, Ireland) -- Air Liquide S.A. (EPA:AI) (Paris, France) has estimated that the market for industrial gases worldwide is expected to grow an average of 7% to 8% per year from 2011 to 2015. Much of this growth is expected to come from the steel industry, prompting a focus on securing long-term service agreements for outsourced gas with some of the largest steel companies worldwide. On the strength of the contracts already signed, Air Liquide is investing heavily in new air-separation units (ASU) throughout Europe and the Middle East to serve this market.

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