Aramco to acquire 50% stake in Air Products Qudra's Blue Hydrogen Industrial Gases Company
DHAHRAN, Saudi Arabia, July 17, 2024 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, has signed definitive agreements to acquire an equity interest in the Jubail-based Blue Hydrogen Industrial Gases Company (BHIG), a wholly-owned subsidiary of Air Products Qudra (APQ). The transaction, which is subject to standard closing conditions, will also include options for Aramco to offtake hydrogen and...
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