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Air Liquide invests in Australian firm

7:48 AM MDT | April 18, 2013 | Deepti Ramesh

Air Liquide says it is making an equity investment in Hydrexia (Brisbane, Australia) through its subsidiary Aliad, which is focused on investing in technology start-ups. Hydrexia, which was established in 2006, is a spin-off of the University of Queensland (Brisbane) and has developed effective and reliable hydrogen storage technology using a new magnesium alloy in a solid form called hydride, Air Liquide says. Hydrogen storage in the form of magnesium hydrides is a technology that has been known since 1975, with its industrialization and commercialization being...

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