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Comment Business & Economics

E&C changes

By Chemical Engineering |

Last month, Air Liquide S.A. (Paris; edlinks.chemengonline.com/6895-543) acquired Lurgi AG (Frankfurt, Germany) from the GEA Group AG (Bochum, Germany; edlinks.chemengonline.com/6895-544). Although subject to approval by the European and U.S. competition authorities, the acquisition will enable the acceleration of growth in Air Liquide’s Large Industries World Business Line, strengthen its resources in hydrogen markets and give it access to the coal-to-liquid and coal-to-chemicals sectors, says the company. Also last month, KBR (Houston, Tex.; edlinks.chemengonline.com/6895-545) separated from Halliburton (Dubai, United Arab Emirates). KBR has been a subsidiary of Halliburton for the past 44 years.
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