Air Liquide: sells activities in Saudi Arabia
(CercleFinance.com) - Air Liquide announces the sale of its Industrial Merchant activities in Saudi Arabia to Abdullah Hashim Industrial Gases & Equipment, a joint venture of Air Products for its Industrial Merchant business in Saudi Arabia.
This divestment will not have a material impact on Air Liquide's overall scope in the Africa, Middle East and India region.
Air Liquide says that it is well positioned to reinforce its already strong presence in the Gulf Cooperation Council (GCC) region, and particularly in Saudi Arabia, in Large Industries and Healthcare, and to seize the numerous opportunities in the fields of energy transition and the development of low-carbon hydrogen.
Copyright (c) 2022 CercleFinance.com. All rights reserved.
This divestment will not have a material impact on Air Liquide's overall scope in the Africa, Middle East and India region.
Air Liquide says that it is well positioned to reinforce its already strong presence in the Gulf Cooperation Council (GCC) region, and particularly in Saudi Arabia, in Large Industries and Healthcare, and to seize the numerous opportunities in the fields of energy transition and the development of low-carbon hydrogen.
Copyright (c) 2022 CercleFinance.com. All rights reserved.