Air Liquide Says Plant Closure Doesn't Void Supply Deal

Law360, New York (June 18, 2012, 9:02 PM EDT) -- Air Liquide America LP on Friday hit American Chemet Corp. with a suit in Texas state court, alleging it is trying to dodge a supply agreement amid an environmental cleanup effort that is forcing demolition of the industrial gas giant’s Montana plant.

American Chemet wants out of a $33,000-per-month liquid oxygen supply contract — not because of the impending plant closure, but because it believes it can get better prices from other providers, the suit said.

Air Liquide said it offered several plans for providing uninterrupted...
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