Air Liquide announced today that it has expanded its utilities supply
agreement with LyondellBasell for its new propylene oxide (PO) and
tertiary butyl alcohol (TBA) project in the Houston area. This agreement
comes in addition to the long-term contract already signed with
LyondellBasell to supply oxygen for this project, which will be the
world's largest PO/TBA plant. With this new long-term agreement and
related investment Air Liquide reinforces its presence as a major
supplier in the Gulf Coast.
The PO/TBA project is comprised of facilities in two sites, with the
PO/TBA plant to be located in the LyondellBasell Channelview Complex in
Channelview, Texas; and the associated ethers unit in the company’s
Bayport Complex in Pasadena, Texas. With this newly expanded long-term
utilities agreement, Air Liquide will supply steam, electricity, treated
water and nitrogen to the PO/TBA project’s ethers unit.
In April 2018, Air Liquide signed a separate long-term agreement to
supply oxygen to the PO/TBA project’s Channelview location. These two
agreements confirm Air Liquide’s long-term partnership with
LyondellBasell and Air Liquide’s presence as a major supplier of
industrial gas and utilities to the project.
LyondellBasell announced in July 2017 its decision to build the world's
largest PO/TBA plant as part of its organic growth program. The project
is designed to meet rising global demand for both urethanes and
cleaner-burning oxyfuels. Start-up is expected in 2021.
Susan Ellerbusch, CEO of Air Liquide USA LLC, said: “Air
Liquide and LyondellBasell have a long and complementary history in the
Gulf Coast region of the U.S. We appreciate their continued trust and
recognition of Air Liquide’s customer focus and commitment to safe,
reliable and sustainable solutions to help them realize the fullest
potential of their new world scale investments.”
The Large Industries world business line of Air
Liquide
offers 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 2018, revenues were €5,685 million.
Air Liquide in the United States
Air
Liquide employs more than 20,000 people in the U.S. in more than 1,300
locations and plant facilities including a world-class R&D center. The
company offers industrial and medical gases, technologies and related
services to a wide range of customers in energy, petrochemical,
industrial, electronics and healthcare markets. www.airliquide.com/USA
A world leader in gases, technologies and services for Industry and
Health, Air Liquide is present in 80 countries with approximately 66,000
employees and serves more than 3.6 million customers and patients.
Oxygen, nitrogen and hydrogen are essential small molecules for life,
matter and energy. They embody Air Liquide’s scientific territory and
have been at the core of the company’s activities since its creation in
1902.
Air Liquide’s ambition is to be a leader in its industry, deliver long
term performance and contribute to sustainability. The company’s
customer-centric transformation strategy aims at profitable growth over
the long term. It relies on operational excellence, selective
investments, open innovation and a network organization implemented by
the Group worldwide. Through the commitment and inventiveness of its
people, Air Liquide leverages energy and environment transition, changes
in healthcare and digitization, and delivers greater value to all its
stakeholders.
Air Liquide’s revenue amounted to 21 billion euros in 2018 and its
solutions that protect life and the environment represented more than
40% of sales. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, EURO STOXX 50 and FTSE4Good
indexes.
www.airliquide.com/USA
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us on Twitter @airliquideusa
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