Investment in India Air Liquide Plans US $2 Billion Investment in India
Air Liquide, one of the world's biggest air separation companies, has lined up an investment of about US $2 billion to ramp up production in India over the next 10 years. The investment would be pumped in through the company's Indian subsidiary, Air Liquide India located in Delhi.
Paris/France, Delhi/India – Air Liquide India, along with Air Liquide Engineering India (Hyderabad, India), recently commissioned an air separation unit (ASU) and a cylinder-filling station near Pune in Maharashtra.
According to the company, the ASU will supply more than 150 tonnes per day of liquid nitrogen and oxygen to the industrial consumers in that area. Air Liquide is also developing a helium filling station of 900,000 cubic meters per year capacity at the same location. The company plans to import helium from its plants in Saudi Arabia.
Several Plants in Various Parts of India
Apart from the Pune plant, the company has several plants operating in various parts of India. Earlier this year, Air Liquide commissioned a new air separation unit to produce gaseous nitrogen for a new float glass plant, at Jhagadia in Gujarat, owned by Sezal Glass.
The company also had invested in Kemrock Industries & Exports (KIEL) nitrogen production unit at a new carbon fiber plant. KIEL is a manufacturer of reinforced polymer composite products. This unit, located near Vadodara in Gujarat, was commissioned in 2010.
More about this and other world scale projects in our online database GROAB.
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