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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 |
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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