12/30/2010

Air Liquide looks for growth opportunities in Turkey

Hurriyet Daily News - France-based Air Liquide, a global supplier of industrial gases, is seeking opportunities for long-term investments in Turkey after announcing its decision to build a production plant in the country, according to executives from the group.

"Air Liquide considers developing countries as an opportunity to grow. Our company has confidence in Turkey's long-term growth perspective," Olivier Randet, the company's Turkey director, told Anatolia news agency on Wednesday. Air Liquide is investing in a production plant worth EUR 35 million in the Turkish capital of Ankara, said Randet, adding that the plant will have a capacity of 200 tons of liquid nitrogen and liquid oxygen. "This is the first step we have taken here in Turkey. We want to make long-term investments in this country, which has a lot of potential," said Randet. He also said that Air Liquide had signed an agreement with the Middle East Technical University (METU) in Ankara to develop its photovoltaic research laboratory.
turkey; ankara; air liquide; industrial gas production; photovoltaic; metu; olivier randet

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