Chemical contract
Source: Agencies |
October 13, 2015, Tuesday
|
Print Edition
Print Edition
AIR Liquide yesterday announced it had signed a new long-term contract with Yan’an Energy and Chemical Co, a subsidiary of Yanchang Petroleum Group, one of the four largest Chinese companies for oil and natural gas exploration and production, as well as oil refining.
Under the agreement, Air Liquide will invest around 80 million euros (US$91 million) in two air separation units, with a total capacity of 2,800 tons of oxygen per day. The new units will supply air gases, including oxygen and nitrogen, for chemical production complex.
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