Air Liquide acquires assets of US Lion Copolymer Geismar Services

29 July 2010 17:50  [Source: ICIS news]

TORONTO (ICIS)--Air Liquide has acquired the assets and business activities of US industrial utilities provider Lion Copolymer Geismar Services (LCGS), the France-based international industrial gases major said on Thursday.

The acquired facilities were a large provider of utilities to chemical and other firms in Louisiana’s Geismar basin, Air Liquide said, without disclosing financial terms.

“The purchase of LCGS’ business activities further demonstrates Air Liquide’s growth strategy in existing and essential marketplaces,” said Michael Graff, president and CEO of Air Liquide’s US arm, American Air Liquide Holdings.

Air Liquide's Houston-based US business has over 100 industrial gas plants and employs a staff of over 4,000, according to its website.

For more on Air Liquide and other producers, visit ICIS company intelligence
To discuss issues facing the chemical industry go to ICIS connect


By: Stefan Baumgarten
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index