- Air Products (NYSE:APD) says it has won a contract to build, own and operate the world's largest industrial gas complex for Saudi Aramco; financial terms were not disclosed.
- Under terms of the contract, AiPD and ACWA will construct and operate a plant that will supply 75K metric tons/day of oxygen and nitrogen for a refinery being built in Jazan, Saudi Arabia, for 20 years.
- ACWA, which works on public private partnerships to meet Saudi Arabia's demand for water and electricity, will control at 75% in the project upon completion.