SOURCE: Industrial Info Resources

October 20, 2008 06:30 ET

Air Liquide to Increase Presence in India by Investing $61.8 Million to Set Up Air Separation Unit, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - October 20, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Air Liquide (OTC:AIQUY) (Paris), a worldwide supplier of medical and industrial gases, has announced plans to invest about $61.8 million to set up northern India's largest air separation unit. The products will meet the requirements of the 3 million-metric-ton-per-day naphtha cracker being set up by Indian Oil Corporation Limited (BSE:530965) (IOCL) (New Delhi) in Panipat, Haryana.

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