Air Products Acquires Air Liquide's Industrial Gases Business in United Arab Emirates and Bahrain
- Acquisition of Air Liquide Emirates for Industrial Gases LLC (ALEMIR) and Orca Industrial Gases LLC, which includes liquid bulk, packaged gases and specialty gases of Air Liquide in the UAE
- Acquisition of Air Liquide's majority share in Middle East Carbon Dioxide W.L.L (MECD), a joint venture with ALMO Holdings CO W.L.L, for a liquid carbon dioxide (CO2) production facility in
Bahrain
"The acquisition builds on many years of good experience working in and serving customers in the
"It is yet another example of how Air Products is building and strengthening its industrial gas business in the
About Air Products
Air Products is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low and zero carbon hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2021 sales of
Cautionary Note Regarding Forward-Looking Statements: This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including risk factors described in our Annual Report on Form 10-K for the fiscal year ended
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SOURCE Air Products