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AIR LIQUIDE
AI - FR0000120073 - Euronext Paris
166,840 €  10:40
-0,32 %
24/06/2026 17:45

Air Liquide continues its long-term growth in Kazakhstan with a key investment to support Silleno's world-scale plant

PRESS RELEASE

Paris, June 24, 2026

Air Liquide continues its long-term growth in Kazakhstan with a key investment to support Silleno's world-scale plant

Air Liquide Karabatan Tech Gases LLP (ALKTG) has signed a new long-term agreement with Silleno LLP, a chemical manufacturing leader, for the supply of nitrogen and compressed dry air to its future polyethylene plant. The Air Liquide Group has been present in Kazakhstan since 2016. This new investment in the country through ALKTG amounts to 70 million euros. It will support Silleno’s key industrial project aiming to transform the Karabatan basin in Atyrau, into a world-class petrochemical hub. This agreement marks a significant scaling up of Air Liquide’s presence in the region.

Under the agreement signed with Silleno, ALKTG will build, own and operate 2 state-of-the-art, high-purity and energy-efficient nitrogen production units. This global infrastructure will rank among the largest industrial gas facilities in the Central Asian region. The units’ commissioning and initial supply delivery are aligned with the Silleno plant’s schedule, targeted for the end of 2028.

The new facility will be located within the National Industrial Petrochemical Technopark (NIPT) Special Economic Zone, near ALKTG’s existing ASU which currently supplies nitrogen to Kazakhstan Petrochemical Industries (KPI). Building upon ALKTG’s first investment in the Karabatan basin in 2019, this new investment further strengthens our joint venture’s industrial footprint and synergies in the basin.

Émilie Mouren-Renouard, member of Air Liquide’s Executive Committee, notably in charge of supervising operations in Central Asia, stated: “This major agreement with Silleno LLP marks a new milestone in our long-term presence in Kazakhstan. We are proud to strengthen our strategic alliance with KazMunayGas - our long-standing partner in the country and a key stakeholder in the Silleno project - to support the development of the country's petrochemical sector. This investment perfectly illustrates our strategy to combine technological excellence with high regional impact”.

About Air Liquide Karabatan Tech Gases LLP (ALKTG)

Air Liquide Karabatan Tech Gases LLP is a subsidiary of Air Liquide Munay Tech Gases (ALMTG), which was established in 2016. It is a joint venture between Air Liquide and KazMunayGaz NC, the Kazakhstan National Oil and Gas company, with 75% and 25% ownership, respectively. The headquarters of the company is located in Astana. Since 2018, ALMTG has been successfully operating hydrogen and nitrogen production units to supply KMG’s Pavlodar Oil and Chemical Refinery, and since 2021, it has been operating hydrogen and nitrogen production units to supply KMG’s Atyrau Oil Refinery. ALMTG has also invested in and is operating a nitrogen production unit to supply Kazakhstan Petrochemical Industries Inc. LLP (KPI) in Karabatan.

CONTACTS

Corporate Communications
media@airliquide.com

Investor Relations
IRTeam@airliquide.com

www.airliquide.com
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PRESS RELEASE

Paris, June 24, 2026

Oxygen, nitrogen, hydrogen, and many other essential small molecules are the invisible pillars of our world and our lives. They have been at the core of the Group’s activities since its creation in 1902.

A world leader in gases, technologies and services for industry and healthcare, Air Liquide acts as the backbone of numerous economic sectors, serving 4.3 million customers and patients across 59 countries with approximately 65,000 employees. With revenues close to 27 billion euros in 2025, Air Liquide combines strong performance and useful growth.

The Group is a leader with a diversified, resilient business model and a strong local footprint across the globe. Through deep engineering expertise and technological innovation, Air Liquide provides scalable solutions that enhance industrial efficiency, accelerate decarbonization, and strengthen value chains. Strategically exposed to growth markets and megatrends, the Group accompanies major industrial and societal transformations to create long term added value and build a sustainable future.

Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good, and Dow Jones Best-in-Class Europe Index indexes.

www.airliquide.com
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Source : Webdisclosure.com

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