Air Liquide Signs New Contracts in the Fiber Optics Industry in China
June 28 2017 - 11:35AM
Business Wire
Regulatory News:
Over a one-year time period, Air Liquide (Paris:AI) signed
new supply-contracts covering a period of 10 to 15 years with three
major Chinese fiber optics manufacturers. In the frame of these new
contracts with Futong Group Communication Technology, Yangtze
Optical Fibre, and Zhongtian Technology Fine Materials,
Air Liquide will supply a total exceeding 6,000Nm3 per hour of
hydrogen and 4,000Nm3 per hour of nitrogen, together with bulk
oxygen, helium, argon and carbon dioxide. Air Liquide will thus
support the further development of China’s fiber optics
industry.
Industrial gases are used to consolidate the center of the
fiber, which consists of a silica glass rod. In practice, the first
step in manufacturing fiber optics is to produce this glass rod,
called “preform”. Hydrogen, oxygen and helium are then used
to strengthen the preform before heating and drawing. In the final
step, helium and argon are used to cool the drawn fiber
efficiently.
Air Liquide signed a new 10-year contract for the supply of
hydrogen and nitrogen to Futong Group Communication Technology
(FGCT) in Jiashan City, Zhejiang Province. FGCT is one of the
world’s largest fiber optics cable manufacturers.
Two other agreements in the same field of large-scale fiber
optics production were also signed with Yangtze Optical Fibre and
Zhongtian Technology Fine Materials. For a 10 to 15 year duration,
Air Liquide will deliver to each customer nitrogen and hydrogen
on-site generator solutions, as well as bulk oxygen, helium,
argon and carbon dioxide.
With these new contracts, Air Liquide is reinforcing its
leadership with China’s top fiber optics companies,
who account for more than 30% of the Chinese production. In China,
demand for fiber optics has experienced rapid growth
in recent years, driven by 4G deployment and wideband “Fiber to the
home” and “Fiber to the office” plans.
Francois Abrial, member of the Air Liquide group’s
Executive Committee, supervising Asia Pacific, said: “We are
proud to support our customers’ business development. These
new projects illustrate Air Liquide’s ability to accompany the
rise of fiber optics in China. These gases supply contracts
reinforce the Group’s position in this growing market and
demonstrate its ability to deliver competitive and reliable
solutions.”
Air Liquide’s Industrial Merchant
Business LineAir Liquide’s Industrial Merchant Business
Line delivers industrial gases and innovative solutions, including
application technologies, equipment and services. From independent
professionals to large industrial companies, our 33,500 employees
serve over 2 million customers daily across 75 countries. In 2016,
revenues were €7,565 million.
Air Liquide in Chinaoperates
nearly 90 plants and employs more than 4,000 employees. With a
strong presence in the key coastal industrial areas, the Group is
further expanding into the center, south and west of the country.
Its main business activities include industrial and medical gas
operations, as well as Engineering & Construction (designing,
manufacturing and installing air separation units/hydrogen
facilities).
-----
The world leader in gases, technologies and services for
Industry and Health, Air Liquide is present in 80 countries with
approximately 67,000 employees and serves more than 3 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Air Liquide’s ambition is to lead its industry, deliver long
term performance and contribute to sustainability. The company’s
customer-centric transformation strategy aims at profitable growth
over the long term. It relies on operational excellence, selective
investments, open innovation and a network organization implemented
by the Group worldwide. Through the commitment and inventiveness of
its people, Air Liquide leverages energy and environment
transition, changes in healthcare and digitization, and delivers
greater value to all its stakeholders.
Air Liquide’s revenue amounted to €18.1 billion in 2016 and its
solutions that protect life and the environment represented more
than 40% of sales. Air Liquide is listed on the Euronext Paris
stock exchange (compartment A) and belongs to the CAC 40, EURO
STOXX 50 and FTSE4Good indexes.
www.airliquide.comFollow us on Twitter
@airliquidegroup
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Air LiquideCorporate CommunicationsCaroline
Brugier, +33 (0)1 40 62 50 59orAurélie Wayser-Langevin, +33 (0)1 40
62 56 19orInvestor RelationsParis+33 (0)1 40 62 50
87orRadnor+1 610 263 8277orAir Liquide Asia Pacific
CommunicationsLaurie Underwood, +8621 6091 5883
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