Air Liquide and Air Products Partner.
Air Liquide's (Paris, France) subsidiary, Air Liquide - This article is about the international industrial gas company. For the electronic band, see Air Liquide (band)
L'Air Liquide S.A. (Air Liquide Shanghai, and Air Products and Chemicals, Inc.'s (Allentown, PA)
subsidiary, Air Products and Chemicals (China) Investment Co., Ltd.,
have signed an agreement to form a 50/50 joint venture to be named
Wuxi-Hi-Tech Gases Co., Ltd. The company will be based in Wuxi-an
industrial region approximately 250 kilometers from Shanghai. An air
separation unit, with a daily capacity of 430 metric tons of liquid
oxygen, nitrogen and argon argon (är`gŏn) [Gr.,=inert], gaseous chemical element; symbol Ar; at. no. 18; at. wt. 39.948; m.p. −189.2°C;; b.p. −185.7°C;; density 1.784 grams per liter at STP; valence 0. , will be built late next year.
Wilbur Mok, general manager of Air Products China, said, "[The
company] has successfully utilized the joint venture concept elsewhere
in Asia in achieving the most cost-effective supply position for our
customers. We are pleased to be able to serve the needs of the industry
in this rapidly growing region."
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