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AI Air Liquide SA

185.18
1.56 (0.85%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Air Liquide SA EU:AI Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.56 0.85% 185.18 184.10 185.30 185.24 182.54 184.74 488,448 16:40:00

Air Liquide Signs Three Contract With BASF in Belgium

10/02/2020 8:40am

Dow Jones News


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By Olivia Bugault

 

Air Liquide SA (AI.FR) said Monday that it has signed three new contracts with BASF SE (BAS.XE)in Belgium.

The French industrial company said it has signed a 15-year agreement with the German firm to renew its airgas supply to existing installations in the Antwerp basin, Belgium.

Under the other contracts, Air Liquide will build and operate a nitrogen removal unit that should be operational by mid-2021 and, "it will purchase part of the methane fraction generated during the BASF production process and valorize it as a feedstock in its hydrogen production plants," it said.

The company didn't disclose the financial details of the deal.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

February 10, 2020 03:25 ET (08:25 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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