Air Products Acquires Remaining 50% of JV from China Energy Group Subsidiary
By Adriano Marchese
Air Products & Chemicals Inc. said Wednesday that it has
acquired the remaining 50% stake in its gasification technology
joint venture from a subsidiary of China Energy Group.
The company--which sells gases and chemicals for industrial
uses--said that the acquisition from China Shenhua Coal to Liquid
& Chemical Co. for an undisclosed amount brings its ownership
"This transaction further strengthens Air Products' broader
gasification technology portfolio and integrates technical and
engineering resources in China," the company said.
Write to Adriano Marchese at firstname.lastname@example.org
(END) Dow Jones Newswires
April 14, 2021 14:33 ET (18:33 GMT)
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