Air Liquide has said it is rigorously applying international sanctions again Russia and has halted all foreign investment and large development projects in the company.
The industrial gas giant’s move is a result of Russia’s invasion of Ukraine and follows suit of many other international firms.
Announcing its decision in a social media post, Air Liquide said, “The group’s approach in Russia integrates a safety imperative, as its activity includes supplying hospitals with medical oxygen.”
“As sanctions evolve, some clients are no longer supplied: others are undergoing a scaling-down process.”
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