PARIS (Reuters) – Industrial fuel company Air Liquide (AIRP.PA) said Wednesday that it had agreed to purchase the world’s largest oxygen production plant in South Africa as part of an agreement with energy and chemical company Sasol (SOLJ). J).
Air Liquide said Sasol had signed an exclusive bargaining agreement for Air Liquide to buy the site in Secunda, South Africa.
The investment would be about 8.5 billion South African rands ($515.4 million), Air Liquide said.
Reporting through Sudip Kar-Gupta; Editing through Tom Hogue
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