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Comment Business & Economics

Air Liquide; Further investment in Bulgaria  

By Gerald Ondrey |

Bulgaria’s economy has registered steady growth in recent years that relies mostly on industry. Non-ferrous metallurgy is one of the fast growing industrial sectors in Bulgaria, making a strong contribution to the development of the country’s economy. The sector is expected to continue growing significantly in the future. In this context, Air Liquide (Paris, France; www.airliquide.com) has just signed a new agreement with Aurubis. Under the terms of the 15-year contract, Air Liquide will supply additional quantities of oxygen to Aurubis as of 2013. Air Liquide will invest close to €10 million to expand its operations in Pirdop, 80 km east of Sofia, and will supply 350 metric tons (m.t.) per day of oxygen, in addition to the 800 m.t./d already supplied. Aurubis is the largest copper producer in Europe and the world leader in copper recycling. It produces some 1 million tons of copper cathodes each year as well as a variety of copper products. This agreement between Air Liquide and Aurubis is part of “Aurubis Bulgaria 2014”, a new investment program launched by Aurubis. There is no pdf available for this short news item
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