Air Liquide will invest approximately $80m in a new air separation unit (ASU) in Ain Sokhna, Egypt, to supply industrial gases to EZZ Steel.
The industrial gas giant today (28th April) confirmed the signing of a new long-term agreement with the steel manufacturer to supply its new plant located in the East of Cairo.
With the construction of the new ASU as part of the deal, it is expected Air Liquide will have an oxygen production capacity of 770 tonnes per day.
As well as supporting EZZ Steel, the new site will also support the development of the Ain Sokhna area, one of the country’s major basins for heavy industries within the Suez Canal Economic Zone.
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