KIEV, June 20 – The European Bank for Reconstruction and Development is providing a EUR 85 million loan to Air Liquide Ukraine LLC (ALU) to finance the development, construction and operation of a new Air Separation Unit (ASU) at Yenakiyeve Iron and Steel Works (EMZ) in south-eastern Ukraine, the Kiev office of the bank reported on Monday.

"Built and operated under a long-term industrial gases supply agreement, the Air Liquide ASU, located within EMZ’s premises, will supply industrial gases to EMZ as well as to other industries in the country," reads the release.