Announced

Air Liquide to acquire nitrogen production units of Atyrau refinery from KazMunayGas.

Synopsis

Air Liquide, a listed French supplier of industrial gases and services to various industries, agreed to acquire nitrogen production units of Atyrau refinery from KazMunayGas, the Kazakhstan operator for exploration, production, refining and transportation of hydrocarbons, for €86m. This new agreement illustrates our continued commitment to providing long-term expertise and innovative environmentally responsible solutions to our customers. With this investment - the most important we have yet announced in the country - to increase energy efficiency and provide reliable supply, we will contribute to the modernization and development of the country’s industry,” Francois Jackow, Air Liquide Executive Vice-President and a member of the Executive Committee supervising Europe Industries activities.

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