Air Liquide Signs New Long-term Contract to Supply Hydrogen to Pilipinas Shell’s Tabangao Refinery
L'AIR LIQUIDE SA UNSP/ADR (AIQUY)
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Source: Business Wire
PARIS--(BUSINESS WIRE)--Regulatory News:Air Liquide (Paris:AI) Philippines and Pilipinas Shell have signed a long-term contract for a supply of Hydrogen to Shell’s Tabangao refinery in Batangas, Philippines. The new venture will secure for the Tabangao refinery a continuous supply of Hydrogen for its processing needs. Air Liquide will invest 30 million euros in the construction of a state-of-the-art Hydrogen Manufacturing Unit (HMU) that will be built on the Tabangao refinery in Batangas. The HMU, owned and operated by Air Liquide, will be fitted with a CO2 recovery unit that mitigates direct carbon emission levels by capturing and liquifying the CO2 for other uses. This new large scale project is in line with Air Liquide’s Climate Objectives and commitment to supporting key customers and strategic partners with more sustainable solutions.Francois Abrial, member of the Air Liquide Group’s Executive Committee supervising Asia Pacific, commented: “This gas supply contract reflects t
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