July 30, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As developers of electric vehicles (EVs), semiconductors and low-carbon hydrogen technology take advantage of the growing interest in their products, gas services giant Air Liquide (Paris, France) is rushing to keep pace with the demand for specialty gases to fuel the production of battery components, environmentally safer equipment, and other emerging industrial needs.

Industrial Info is tracking more than US$4.3 billion worth of active and proposed projects from Air Liquide worldwide, including US$1.45 billion worth of projects in the U.S. and Canada that have a medium-to-high likelihood (70% or more) of beginning construction as planned. North America remains Air Liquide's top destination for investments, with Texas as the jewel in the crown: The company recently announced it will invest up to US$850 million in a project spurred by a long-term agreement with Exxon Mobil Corporation (NYSE:XOM).

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