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AI Air Liquide SA

180.62
-0.44 (-0.24%)
03 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
  -0.44 -0.24% 180.62 180.56 182.00 182.74 180.58 181.52 422,018 16:40:00

Air Liquide to Invest in US Gulf Coast After Methanex Supply Deal

18/09/2019 5:29pm

Dow Jones News


Air Liquide (EU:AI)
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From May 2019 to May 2024

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   By Max Bernhard 
 

Air Liquide SA (AI.FR) plans to invest more than $270 million in the U.S. gulf coast region and significantly increase production capacity there after striking a long-term supply deal with Methanex Corp (MEOH).

Under the agreement, Air Liquide will supply oxygen, nitrogen and utilities to Methanex's upcoming methanol plant expansion project in Geismar, Louisiana, the industrial-gases supplier said Wednesday.

The company said it plans to invest in two new large air-separation units and infrastructure assets connected to its Mississippi River Pipeline.

 

Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard

 

(END) Dow Jones Newswires

September 18, 2019 12:14 ET (16:14 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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