Air Liquide, Sinopec Sign Hydrogen Supply Agreement
November 06 2019 - 7:09AM
Dow Jones News
By Dieter Holger
Air Liquide SA (AI.FR) said Wednesday that it has signed an
agreement with China Petroleum & Chemical Corp. (0386.HK),
commonly known as Sinopec, to help build a hydrogen-powered transit
network in China.
The French gas company said it will produce, store and
distribute hydrogen for Sinopec to help accelerate the deployment
of clean transport in China.
"This initiative represents an important milestone for hydrogen
mobility in this major country, home to the largest automotive
market in the world," said Benoit Potier, chairman and chief
executive of Air Liquide, in prepared remarks.
Write to Dieter Holger at dieter.holger@wsj.com;
@dieterholger
(END) Dow Jones Newswires
November 06, 2019 06:54 ET (11:54 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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