Air Liquide Increases Its Presence in Kazakhstan With a Significant Acquisition and Long-term Contract
Summary
The joint venture will invest up to 86 million euros to acquire hydrogen and nitrogen production units from Atyrau refinery owned by KazMunayGas and to modernize them. In the context of a contract announced in October 2019, ALMTG is also building a nitrogen production unit for a new petrochemical complex in Karabatan, near Atyrau, north of the Caspian sea, to be started in 2021. A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 78 countries with approximately 64,500 employees and serves more than 3.8 million customers and patients. Air Liquide’s ambition is to be a leader in its industry, deliver long term performance and contribute to sustainability - with a strong commitment to climate change and energy transition at the heart of its strategy. Through the commitment and inventiveness of its people, Air Liquide leverages energy and environment transition, changes in healthcare and digitization, and delivers greater value to all its stakeholders.