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Air Liquide improves rating in South Africa

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Air Liquide (Pty) Ltd, the world leader in industrial and medical gases, enjoys the second largest market share in the Southern African market and has further strengthened its position in the market with an improved Broadband Economic Empowerment (BEE) rating of triple-B status.

The newly received triple-B rating from the National Empowerment Rating Agency (NERA) gives Air Liquide leadership in the industry in terms of BEE implementation, as a level five contributor according to the DTI schedule.

Derek Wilson, Air Liquide’s Human Resources Director, commented, “I think the new rating is significant in that it signals a clear intent to the market that we are committed to the goals of transformation in South Africa.”

“It (the new rating) allows us to be a lot more attractive to existing and prospective customers. It also improves their BEE ratings by association,” Wilson added.

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