03 January 2013 23:32 [Source: ICIS news]
Financial terms were not disclosed.
The oil and gas industry uses bulk liquid nitrogen for well stimulation, pressure testing, drill stem testing, coil tubing operations and cleaning and jetting, Air Liquide said.
Progressive Resources serves customers through five centres in ?xml:namespace>
The acquisition is part of Air Liquide's larger strategy of expanding into the oil and gas industry.
Air Liquide already supplies nitrogen and carbon dioxide to the sector, and it plans to build a plant in northwest
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