Jean-Baptiste Rolland's questions to L AIR LIQUIDE SA /FI (AIQUY) leadership • Q2 2022
Question
Jean-Baptiste Rolland of Credit Suisse asked for clarification on a petrochemical contract with volume reallocation between Europe and the US, and also inquired about what share of costs the 'monthly fee' typically covers.
Answer
Francois Jackow, Executive VP, clarified that there was no reallocation of existing volumes; rather, customers are considering future project locations between Europe and the US, which has no current impact on regional sales. He explained that the contractual monthly fee is designed to cover all fixed costs plus a portion of the profit, although the exact structure varies by contract.