Air Liquide Signs Three Contract With BASF in Belgium
By Olivia Bugault
Air Liquide SA (AI.FR) said Monday that it has signed three new
contracts with BASF SE (BAS.XE)in Belgium.
The French industrial company said it has signed a 15-year
agreement with the German firm to renew its airgas supply to
existing installations in the Antwerp basin, Belgium.
Under the other contracts, Air Liquide will build and operate a
nitrogen removal unit that should be operational by mid-2021 and,
"it will purchase part of the methane fraction generated during the
BASF production process and valorize it as a feedstock in its
hydrogen production plants," it said.
The company didn't disclose the financial details of the
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(END) Dow Jones Newswires
February 10, 2020 03:25 ET (08:25 GMT)
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