By Mauro Orru

Air Liquide SA said Tuesday that it would invest nearly 200 million euros ($217.3 million) on hydrogen and oxygen plants in the Science Parks of Tainan and Hsinchu, respectively in the south and north of Taiwan.

The French industrial-gases producer said its majority owned joint-venture Air Liquide Far Eastern would build, own and operate ultra-high purity hydrogen and oxygen plants in each basin.

The joint venture will also deliver two plants in Hsinchu for the production of high-purity nitrogen and argon, Air Liquide said.

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

April 21, 2020 03:23 ET (07:23 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Air Liquide (EU:AI)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Air Liquide Charts.
Air Liquide (EU:AI)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Air Liquide Charts.