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Air Liquide Acquires Iowa Dry Ice Business Assets.


HOUSTON -- Air Liquide Industrial U.S. LP (ALIUS) announces that it has acquired the Galva, Iowa, carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure.  and dry ice assets of Ramsgate Corporation, which formerly conducted business as Heller's Carbonic carbonic
Adjective

containing carbon

Adj. 1. carbonic - relating to or consisting of or yielding carbon
carbonaceous, carbonous, carboniferous
 West.

Commented Etienne Lepoutre, president of Air Liquide Industrial U.S. LP, "The acquisition will more than double our dry ice capacity in this region. This strengthened position will allow ALIUS to increase its services for food processing and cold transport applications." The Heller acquisition follows ALIUS's recently announced expansion of its dry ice production capacity in the eastern U.S.

Air Liquide Industrial U.S. LP is the subsidiary of American Air Liquide Holdings, Inc. responsible for providing bulk gases and related services to industrial customers in the U.S. It provides bulk gases and related services to a diverse base of customers in the U.S. including those in the chemical, food, metals and automotive industries. American Air Liquide Holdings, Inc. is the subsidiary of Air Liquide Group responsible for its North American operations.

With nearly 38,000 employees in 72 countries, Air Liquide is a world leader in industrial and medical gases and related services. The Group offers innovative solutions based on constantly enhanced technologies and produces air gases (oxygen, nitrogen, argon argon (är`gŏn) [Gr.,=inert], gaseous chemical element; symbol Ar; at. no. 18; at. wt. 39.948; m.p. −189.2°C;; b.p. −185.7°C;; density 1.784 grams per liter at STP; valence 0. , rare gases...) and many other gases including hydrogen. The Group contributes to the manufacturing of many everyday products: bubbles in sparkling beverages, protective atmosphere for packed foods, oxygen for hospitals and homecare patients, ultra-pure gases for the semiconductor industry, hydrogen to desulfurize de·sul·fur·ize  
tr.v. de·sul·fur·ized, de·sul·fur·iz·ing, de·sul·fur·iz·es
To eliminate sulfur from (petroleum, for example).



de·sul
 fuels...

Air Liquide is committed to sustainable development and helps to protect life. Founded in 1902, Air Liquide has successfully developed a long-term relationship with its shareholders built on trust and transparency and guided by the principles of corporate governance. Since the publication of its first consolidated financial statements Consolidated Financial Statements

The combined financial statements of a parent company and its subsidiaries.

Notes:
Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge
 in 1971, Air Liquide has posted strong and steady earnings growth. Sales in 2006 totaled 10,949 million euros, with sales outside France accounting for almost 80%. Air Liquide is listed on the Paris stock exchange and is a component of the CAC See Consumer Advisory Council.  40 and Eurostoxx 50 indices (ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C.  code FR 0000120073).
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Publication:Business Wire
Date:Nov 7, 2007
Words:350
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