Air Liquide has announced it is to invest €10m in Australia, in the form of a carbon dioxide (CO2) recovery unit.
The Australian market in industrial applications for CO2 represents 200,000 tons per year.
Primary applications include fire fighting, wine making, carbonation of soft drinks, food preservation and freezing, cold chain preservation and water treatment.
Driven by food industries and water treatment, the market has been growing steadily by 4% annually.
As a result of this continuous growth, Air Liquide, the world leader in gases for industry, health and the environment, will invest in a CO2 recovery unit in the country.
The unit – due to be commissioned in 2010 – will reuse up to 69,000 tons of CO2 from the BassGas natural gas plant.
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