Brief: Air Liquide signs long-term contract with subsidiary of Yanchang Petroleum Group in China

Yanchang Petroleum International

12/10/2015 07:30

Oct 12 (Reuters) - Air Liquide  AIRP.PA : 
    * Signed a new long-term contract with Yan'An Energy and 
Chemical Co, a subsidiary of Yanchang Petroleum Group  0346.HK  
    * Under terms of new agreement, Air Liquide will invest 
around 80 million euro ($91.0 million) in two state-of-the-art 
ASUS (air separation units), with a total capacity of 2,800 
tonnes of oxygen per day 
    * Expected to start operations in Q1 of 2018 
 
Source text: http://bit.ly/1FZWYUY 
Further company coverage:  AIRP.PA  
 
($1 = 0.8793 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))