Paris --Air Liquide, an industrial gas firm, said it has signed a long-term contract with BASF to supply carbon monoxide to its MDI (Methylene Diphenyl Diisocyanate) production unit located in Antwerp, Belgium.
Air Liquide will invest Euro 50m ($66m) in a new production unit located next to its existing facilities. This unit, which is scheduled to be up and running in the first quarter of 2015, will double Air Liquide's carbon monoxide production capacity in this basin.
Air Liquide will design and build the plant.
