PARIS--(BUSINESS WIRE)--Regulatory News:
Air Liquide (Paris:AI):
Following recent decisions of the DNR - self-proclaimed Donetsk People’s Republic - establishing its administrative control over some Ukrainian companies (including Air Liquide Yenakievo) operating in the Donbass region, Air Liquide is no longer able to continue its remaining activities in that region.
The security of our employees as well as compliance with applicable Ukrainian and international laws remain our priorities.
Air Liquide in Ukraine
Air Liquide has been present in Ukraine since 1992 through its Engineering and Construction activity. In 2011, Air Liquide started the production and selling of industrial gases. In the Donbass, Air Liquide owns an oxygen production unit dedicated to supply one steel customer. This activity is not significant given the size of the Group’s activities in Europe.
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.