Air Liquide has signed a long term agreement with RusVinyl, whereby it will supply oxygen, nitrogen and compressed dry air to RusVinyl's new world-scale PVC plant being built in Kstovo, in the region of Nizhny Novgorod. Air Liquide is a joint venture between a Russian leading chemical company Sibur and the Belgian PVC major Solvin (75% stake held by Solvay and 25% stake by BASF). Air Liquide’s investment amounts to €60 mln for the production facilities and for the supply chain.
Air Liquide will invest, build and operate a new state-of-the-art Air Separation Unit (ASU) with a capacity of more than 350 tons per day of oxygen in Kstovo, which is scheduled to start-up at the end of 2012. In addition, Air Liquide will produce a large quantity of liquid air gases (oxygen, nitrogen and argon) to meet the needs of the industrial customers in this region.
Guy Salzgeber, member of the Air Liquide Group Executive Committee, Vice-President North and Central Europe, declared: "We are very proud that RusVinyl and its shareholders have selected Air Liquide to become their long term partner for their new facility in Nizhny Novgorod region. This new investment allows us to expand our activities on a long term basis with a major player of the Chemical industry in Russia and create a solid basis for future developments of gas sales in a very promising economic region of Russia."
09-Oct-10 
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