Further investment of €10 million in Bulgaria

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 Bulgaria has just signed a new agreement with Aurubis Bulgaria. 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 tonnes per day of gaseous oxygen, in addition to the 800 tonnes per day 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 Bulgaria and Aurubis Bulgaria is part of “Aurubis Bulgaria 2014”, a new investment program launched by Aurubis.

Nicolas Treand, Executive Director of Aurubis Bulgaria, said: “This is the first important step of our Aurubis Bulgaria 2014 investment programme for environmental protection and increased productivity. I’m very pleased with this agreement.”

Francis Bucquet, General Manager of Air Liquide Bulgaria said: “Air Liquide is very proud to meet the growing needs of its customers and to accompany them in their expansion in Bulgaria. The major investment strengthens our positions in the country and demonstrates our commitment to become the leading supplier of industrial and medical gases in Bulgaria.”

Mr. Francis Bucquet has taken the position of a General Manager for Bulgaria and Serbia since September 1, 2011.