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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.44 | -0.24% | 180.62 | 180.56 | 182.00 | 182.74 | 180.58 | 181.52 | 422,018 | 02:01:15 |
From May 2019 to May 2024
By Cecilia Butini
Air Liquide SA said Wednesday that it has entered into a long-term supply agreement with U.S.-based company Eastman Chemical Co. to serve the company's Texas production site, with an investment of more than $160 million.
The French industrial gas supplier said the agreement with Eastman is for the supply of gaseous oxygen and nitrogen, as well as syngas. The company will also build a new Air Separation Unit and a Partial Oxidation Unit at Eastman's Longview, Texas site, it said.
The facilities will become operational in late 2021 as an integration to Eastman's existing ones, Air Liquide said.
The company added that the technology used in the new Partial Oxidation Unit will be able to capture and recycle carbon dioxide.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
September 02, 2020 12:20 ET (16:20 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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