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AI Air Liquide SA

181.90
1.28 (0.71%)
06 May 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
  1.28 0.71% 181.90 181.76 183.00 183.00 181.00 181.60 292,268 16:40:00

Air Liquide to Build Air Separation Unit in China

23/09/2020 9:09am

Dow Jones News


Air Liquide (EU:AI)
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By Olivia Bugault

 

Air Liquide SA said Wednesday that Air Liquide China will invest roughly 60 million euros ($70.3 million) to build a new air-separation unit in Tianjin in China.

"With an oxygen production capacity of more than 2,000 tons per day, this ASU will notably allow Air Liquide to support the growth of the chemical and steel industries in the Tianjin basin, secured by a new long term supply agreement with a major customer," the French industrial-gas supplier said.

The company already operates seven air-separation units in Tianjin and said that the new one should be operational in 2022.

 

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

 

(END) Dow Jones Newswires

September 23, 2020 03:54 ET (07:54 GMT)

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

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