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Business

Air Liquide, Praxair Win China Contracts

by Jean-François Tremblay
January 4, 2010 | A version of this story appeared in Volume 88, Issue 1

Shanghai Chemical Industry Park Industrial Gases, a 50-50 venture of Praxair and Air Liquide, has won a 15-year contract to supply hydrogen and carbon monoxide to a Bayer unit that produces polyurethanes in Shanghai. The partners will build a new plant in Shanghai that is expected to come on-line in 2012. Separately, Air Liquide has signed contracts to supply carrier and specialty gases to 13 Chinese manufacturers of polysilicon-based solar cells. Air Liquide will invest about $14 million in new facilities and equipment to supply them.

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