Gulf Oil and Gas accountACCOUNT

Air Liquide Signs Long-Term Supply Agreement with GCGV

Source: www.gulfoilandgas.com 7/9/2019, Location: North America

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 GCGV’s planned ethane cracker facility located near Corpus Christi, in Texas. 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 GCGV’s 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 Liquide’s extensive capabilities throughout the Gulf Coast region of the U.S., and its position in the growing industrial basin of Corpus Christi, where it has been present since the mid-1930’s.

In addition to delivering full requirements for oxygen and nitrogen to GCGV’s new petrochemical plant, the production capacity from the Bay City ASU, and its connection to Air Liquide’s 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 Liquide’s 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.

Michael Graff, Air Liquide Group Executive Vice President and Member of the Executive Committee, said: “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 Liquide’s strong position and extensive capabilities in the Gulf Coast region of the U.S. and its commitment to providing customers with sustainable, high quality solutions to meet their growing needs safely, reliably and with excellence.”

Separators >>

Separators News in United States >>

United States >>  9/16/2019 - Baker Hughes, a GE company (BHGE) announced the closing of a secondary offering (the offering) of 132.25 million shares of BHGE Class A common stock, ...
United States >>  9/6/2019 - SBM Offshore and ExxonMobil signed a Long-Term Agreement covering potential future FPSO orders. This agreement is non-exclusive and establishes the ge...

United States >>  9/5/2019 - TGS has purchased all the outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and m...
United States >>  8/27/2019 - Halliburton Company (HAL) released ten new DecisionSpace® 365 E&P cloud-native applications that leverage advances in digital technology to help opera...

United States >>  8/22/2019 - TechnipFMC (FTI) has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the ...

Related Categories: Belt Filters  Filter Belts/Cloth  Filter Media  Filter Presses  Filters & Filtration Equipment  General  Oil Separator  Screens  Separators  Separators, Oil/ Water  Skimmers 

Related Articles: Filter Media  Filters & Filtration Equipment  General  Oil Separator  Screens  Separators  Separators, Oil/ Water 


United States Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.