Air Liquide Signs Long-Term Contract to Supply Hydrogen to Covestro
April 17 2018 - 12:27PM
Dow Jones News
By Max Bernhard
Air Liquide SA (AI.FR) said Tuesday it signed a new long-term
contract to supply hydrogen to Covestro AG (1COV.XE) at the polymer
manufacturer's site near Antwerp, Belgium.
In connection to the deal, Air Liquide will invest 80 million
euros ($98.9 million) into the construction of a
hydrogen-production unit, the industrial-gases company said.
The new unit is expected to start operation in 2020, Air Liquide
said.
Write to Max Bernhard at Max.Bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
April 17, 2018 12:12 ET (16:12 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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