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Air Liquide enters into Colombian industrial gas market

The company will set up a manufacturing plant for carbon dioxide, which will be supplied to Coca-Cola FEMSA, the largest beverage company in Latin America

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BS B2B Bureau Paris, France
In the context of a contract with Coca-Cola FEMSA, the largest bottler of Coca-Cola products in the world and the largest beverage company in Latin America, Air Liquide will build and operate a new facility consisting of a carbon dioxide production unit and a cogeneration unit. This investment of around Euro 40 million marks Air Liquide’s entry into the Colombian industrial gas market.
 
Under the terms of the agreement, Air Liquide will supply carbon dioxide as well as nitrogen, electricity, refrigerated water, compressed air and steam to Coca-Cola FEMSA’s largest bottling facility in Colombia, located in the municipality of Tocancipa, Cundinamarca, approximately 40 km north of Bogota. Air Liquide’s new facility in Tocancipa is expected to begin commercial production in late 2016.
   
Additional carbon dioxide produced by Air Liquide’s facility will be available to the surrounding market.
 
Latin America offers development prospects for Air Liquide. Colombia, the fourth largest economy in Latin America, shows attractive growth potential supported by robust industrial and manufacturing activity, a rapidly expanding economy and abundant natural resources.
 
Air Liquide also supplies industrial gases and utilities to two of Coca-Cola FEMSA’s major bottling facilities in Brazil, in the cities of Itabirito and Jundiai.

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First Published: Jan 06 2016 | 2:07 PM IST

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