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Air Liquide signs long-term supply agreement with GCGV and will build new Air Separation Unit

July 15/2019

MOSCOW (MRC) -- Air Liquide has signed a long-term agreement with Gulf Coast Growth Ventures (GCGV), a 50/50 joint venture between ExxonMobil and SABIC, to supply oxygen and nitrogen from its industrial gas pipeline network to GCGVs planned ethane cracker facility located near Corpus Christi, in Texas, as per Hydrocarbonprocessing.

To support the new agreement and additional volumes, Air Liquide plans to invest nearly 140 million USD to build a new world-scale Air Separation Unit in Bay City, Texas, and related infrastructure investments.

Air Liquide will supply 2,000 tons per day of oxygen and 900 tons per day of nitrogen to GCGVs planned 1.8 million tons per year ethane cracker facility. Air Liquide will also add nearly eight miles of pipeline to connect GCGV to its Gulf Coast Pipeline System, strengthening Air Liquides extensive capabilities throughout the Gulf Coast region of the US, and its position in the growing industrial basin of Corpus Christi, where it has been present since the mid-1930s.

In addition to delivering full requirements for oxygen and nitrogen to GCGVs new petrochemical plant, the production capacity from the Bay City ASU, and its connection to Air Liquides expansive pipeline network along the Gulf Coast, will enable Air Liquide to retire older, less efficient assets. By modernizing its asset fleet, Air Liquide provides enhanced competitiveness to its customers over the long term and reduces the carbon intensity of its operations, hence contributing to achieving its 2025 Climate Objectives.

With Air Liquides ability to provide large volumes of oxygen and nitrogen via its integrated production and supply network, customers can benefit from a safe, flexible and reliable supply to meet their growing demands.

"Air Liquide is proud to be part of this word-class project and to collaborate with industry leaders like ExxonMobil and SABIC. This long-term agreement and investment in the new Bay City, Texas ASU, further demonstrates Air Liquides strong position and extensive capabilities in the Gulf Coast region of the US and its commitment to providing customers with sustainable, high quality solutions to meet their growing needs safely, reliably and with excellence," Michael Graff, Air Liquide Group Executive Vice President and Member of the Executive Committee said.

As MRC informed before, in April 2018, Air Liquide signed a new long-term agreement with LyondellBasell, one of the worlds largest plastics, chemicals and refining companies, to supply oxygen to LyondellBasells new large-scale petrochemical plant which will be constructed in Channelview, Texas.


mrcplast.com
Author:Margaret Volkova
Tags:propylene, ethylene, gas processing, petrochemistry, Exxon Mobil, LyondellBasell, Sabic, USA.
Category:General News
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