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Air Liquide JV to Invest 103 Million Dollars in Hydrogen, Nitrogen Units
Kazakhstan: Industrial Gases Air Liquide JV to Invest 103 Million Dollars in Hydrogen, Nitrogen Units
05.03.2021Editor: Ahlam Rais
Air Liquide’s JV firm Air Liquide Munay Tech Gases has plans to make the hefty investment in order to acquire hydrogen and nitrogen production units in Kazakhstan from Kazmunaygas’ Atyrau refinery. Related Companies (Source: Deposit Photos)
Paris/France – Air Liquide increases its presence in Kazakhstan through its 75 % owned joint venture Air Liquide Munay Tech Gases (ALMTG). The joint venture will invest up to 103 million dollars (86 million euros) to acquire hydrogen and nitrogen production units from Atyrau refinery owned by Kazmunaygas (KMG) and to modernize them.
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