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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.98 | 0.62% | 160.24 | 159.84 | 160.60 | 160.50 | 158.06 | 159.50 | 657,431 | 16:40:00 |
From Nov 2022 to Nov 2024
By Pierre Bertrand
Air Liquide said on Tuesday that its subsidiary Shanghai Chemical Industry Park Industrial Gases Co. signed a bilateral green loan for around 67 million euros ($75.3 million) as part of a low-carbon hydrogen production project.
The funds relate to the subsidiary's project to build two low-carbon hydrogen production units and associated infrastructure in the Shanghai Chemical Industry Park, the French industrial gases company said.
The new units will replace a third-party coal-based gasification unit and will cut annual carbon-dioxide emissions by 350,000 tons, equivalent to electricity-related emissions of 1 million Chinese households, Air Liquide said.
BNP Paribas was the sole lending bank, Air Liquide said, adding that it is the first green loan to support low-carbon hydrogen production in alignment with the new China-European Union Common Ground Taxonomy.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
July 18, 2023 12:42 ET (16:42 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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