MONTREAL, Jan. 7, 2015 /CNW Telbec/ - Air Liquide Canada is pleased to announce the construction of a new oxygen pipeline in Hamilton, Ontario, with the support of Horizon Utilities and the Ontario Power Authority's saveONenergy Program. The pipeline will be built between Air Liquide's air separation complex and the ArcelorMittal Dofasco plant in Hamilton, Canada's largest flat rolled steelmaking facility.
The new pipeline represents a total investment in excess of 12 million dollars, jointly funded by Air Liquide and the Ontario Power Authority's saveONenergy Program. The new pipeline will reduce electrical energy consumption at Air Liquide's Hamilton operations by almost 29,000MWh/year or 2 million dollars annually. It will allow Air Liquide to more efficiently supply ArcelorMittal-Dofasco with oxygen, which is essential in the production of iron and steel. Access to lower cost oxygen will provide an opportunity for increased productivity of ArcelorMittal Dofasco's blast furnaces.
A large part of purchased goods and services required to build the pipeline will be sourced from local Hamilton area companies. Construction will begin as soon as final approvals are received from the City of Hamilton and commissioning of the pipeline should begin in March 2015.
Adam Peters, President and CEO of Air Liquide Canada, commented: "The support of the Ontario Power Authority's saveONenergy Program allows Air Liquide to build a new oxygen pipeline to more efficiently supply ArcelorMittal Dofasco. In doing so, we are expanding a longstanding business relationship with Canada's largest flat rolled steel producer. The project attests in the ability of Air Liquide to reliably and cost-effectively supply industrial gases which meet high safety and quality standards. It reaffirms our strong determination to keep investing and growing in Canada."
Brian Benko, ArcelorMittal Dofasco's Vice President, Procurement and Information Technology said: "We are pleased that Air Liquide's project has been selected for this critical grant. Our supply chain, those organizations that play a role in our success including our customers and supply partners, are critical to our business. To ensure a healthy supply chain, we focus on continuous improvement and look for it in everything we do and in everyone we work with. Air Liquide's oxygen pipeline project brings increased reliability and efficiency to our partnership, a win for both of our organizations and for Ontario."
Max Cananzi, President and CEO of Horizon Utilities, commented: "We are pleased to partner with two of Horizon's largest customers, Air Liquide and ArcelorMittal Dofasco, on this project to reduce energy consumption in the communities we serve. Our customers are recognizing the benefits of energy efficient solutions by making substantial long-term investments to better manage their electricity costs while showing a commitment to being environmentally conscious."
About Air Liquide in Canada
Founded in 1911, Air Liquide Canada has more than 2,200 employees and serves more than 90,000 customers. Located in key industrial regions from coast to coast, Air Liquide Canada supplies the aeronautics, automobile, agri-food, chemical, defence, electronics, energy, metallurgy, metal fabrication, mining and healthcare industries.
World leader in gases, technologies and services for Industry and Health, Air Liquide is present in 80 countries with more than 50,000 employees and serves more than 2 million customers and patients. Oxygen, nitrogen and hydrogen have been at the core of the company's activities since its creation in 1902. Air Liquide's ambition is to be the leader in its industry, delivering long-term performance and acting responsibly.
Air Liquide ideas create value over the long term. At the core of the company's development are the commitment and constant inventiveness of its people.
Air Liquide anticipates the challenges of its markets, invests locally and globally, and delivers high-quality solutions to its customers and patients, and the scientific community.
The company relies on competitiveness in its operations, targeted investments in growing markets and innovation to deliver profitable growth over the long-term.
Air Liquide's revenues amounted to € 15.2 billion in 2013, and its solutions that protect life and the environment represented around 40% of sales. Air Liquide is listed on the Paris Euronext stock exchange (compartment A) and is a member of the CAC 40 and Dow Jones Euro Stoxx 50 indexes.
SOURCE Air Liquide Canada
Communications - Air Liquide Canada : David Asselin, +1 514 846-7735 / +1 514 260-4548; Émilie Verret, +1 514 846-6176 / +1 514 912-7668
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