Air Liquide To Invest Up To $850 MLN In Low-Carbon Oxygen Production In Texas
June 24 (Reuters) -L'Air Liquide Societe Anonyme pour l'Etude et l'Exploitation des Procedes George AIRP.PA:
AIR LIQUIDE SELECTED TO INVEST UP TO 850 MUSD IN LARGEST LOW-CARBON OXYGEN PRODUCTION IN AMERICAS
TO BUILD, OWN AND OPERATE FOUR LARGE MODULAR AIR SEPARATION UNITS AS WELL AS RELATED INFRASTRUCTURE
INVESTMNET IN FRAMEWORK OF A LONG-TERM BINDING AGREEMENT WITH EXXONMOBIL XOM.N FOR ITS PLANNED LOW-CARBON HYDROGEN PROJECT IN BAYTOWN, TX
INVESTMENT WILL ENABLE AIR LIQUIDE TO INCREASE ITS OXYGEN PRODUCTION CAPACITY BY 50% IN TEXAS
PENDING FINAL INVESTMENT DECISION, THIS MAJOR PROJECT WOULD MARK LARGEST INDUSTRIAL INVESTMENT IN HISTORY OF AIR LIQUIDE GROUP
Source text for Workspace: ID:nNDLbPHPLl
Further company coverage: AIRP.PA
(Gdansk Newsroom)
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