Air Liquide Expands Its Relationship with OCI N.V. in Beaumont, Texas
22 July 2014 - 1:35AM
Business Wire
Major investment in the U.S.
Regulatory News :
Air Liquide (Paris:AI) announced today that it has been
selected by Natgasoline LLC, a wholly-owned subsidiary of OCI N.V.,
as the supplier of oxygen for its new world-scale methanol plant in
Beaumont, Texas. Air Liquide will invest around €90 million
(more than 120 million USD) in this high growth area for the
chemical industry.
Air Liquide has entered into a new long-term agreement to supply
Natgasoline with 2,400 tonnes of oxygen per day. To meet the
growing needs of OCI for the production of natural gas-based
chemicals, Air Liquide will build a new, state-of-the-art,
energy efficient Air Separation Unit (ASU) producing
oxygen, nitrogen and argon. Connected to
Air Liquide’s extensive pipeline network along the Gulf Coast
in Texas and Louisiana, allowing for high reliability of supply,
the ASU is expected to be commissioned by the second half of
2016.
The new Natgasoline LLC methanol plant will produce
approximately 5,000 tonnes of methanol per day, making it
the largest methanol production facility in the U.S. based
on capacity. Large quantities of pure oxygen are required for this
method of large-scale methanol production.
Air Liquide, via its Engineering and Construction activity, also
signed a contract with OCI for the supply of the Lurgi
MegaMethanol® process technology to OCI’s Natgasoline facility. The
MegaMethanol® Technology which converts natural gas to methanol is
part of Air Liquide’s proprietary Lurgi technology portfolio.
The supply of oxygen, combined with this natural gas-to-methanol
conversion technology, will provide this customer with an
industry leading solution for large-scale methanol
production. Through this combination of offerings, Air
Liquide provides increased value for the customer.
Michael J. Graff, Air Liquide Executive Committee Member
and Senior Vice-President for the Americas, commented: “Our
recent agreements with OCI demonstrate Air Liquide’s unique turnkey
capabilities as a global technology provider and industrial gas
supplier of choice. We are pleased to grow our relationship with
OCI and create value for them with safe, reliable and high-quality
solutions.”
Air Liquide in the U.S.Air
Liquide employs more than 5,000 people in the U.S. in over 200
locations. The company offers industrial and medical gases,
technologies and related services to customers in energy,
industrial, electronics and healthcare markets.
www.us.airliquide.com
The Large Industries business line of
Air Liquideoffers gas and energy solutions that improve
process efficiency and help achieve greater respect for the
environment, mainly in the refining and natural gas, chemicals,
metals and energy markets. In 2013, revenues were €4,940
million.
The Engineering and Construction
activity (Global E&C Solutions)The Engineering and
Construction activity (Global E&C Solutions) builds the Group’s
production units – mainly air separation units (ASUs) and hydrogen
production units – and provides plants for third-party
customers.
World leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 80 countries with more than
50,000 employees and serves more than 2 million customers and
patients. Air Liquide’s ambition is to be the leader in its
industry, delivering long-term performance and acting
responsibly.
Air Liquide ideas create value over the long term. At the core
of the company’s development are the commitment and constant
inventiveness of its people.
Air Liquide anticipates the challenges of its markets, invests
locally and globally, and delivers high-quality solutions to its
customers and patients, and the scientific community.
The company relies on competitiveness in its operations,
targeted investments in growing markets and innovation to deliver
profitable growth over the long-term.
Air Liquide’s revenues amounted to € 15.2 billion in 2013, and
its solutions that protect life and the environment represented
around 40% of sales. Air Liquide is listed on the Paris Euronext
stock exchange (compartment A) and is a member of the CAC 40 and
Dow Jones Euro Stoxx 50 indexes.
www.airliquide.comFollow us on Twitter
@AirLiquideGroup
Air LiquideCorporate CommunicationsGarance
Bertrand, + 33 (0)1 40 62 59 62orAnne Michaud, +33 (0)1 40 62 50
59orInvestor RelationsVirginia Jeanson, +33 (0)1 40 62 57
37orAnnie Fournier, +33 (0)1 40 62 57 18orAir Liquide U.S.
Communications:Heather Browne, +1 713-624-8021Air Liquide USA
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