Air Liquide Invests EUR125 Million in Oxygen-Production Plant
23 July 2020 - 5:30PM
Dow Jones News
By Giulia Petroni
Air Liquide SA said Thursday that it would invest 125 million
euros ($144.5 million) to build an oxygen production plant in the
Netherlands.
The French industrial-gas supplier said the plant will have a
production capacity of 2,200 tons of oxygen per day. It is planned
to be operational in 2022.
The planned air separation unit for oxygen production will have
an energy-storage system of up to 40 megawatt hours that will
facilitate more renewable energy on the grid.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 23, 2020 03:15 ET (07:15 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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