Air Liquide announced today that it has signed two long-term supply
agreements with Marathon Petroleum Company for a total of up to 900
tonnes per day oxygen for Marathon Petroleum’s Refineries in Texas City,
Texas and Garyville, Louisiana. The two agreements mark a growing
relationship between the two companies and nearly double the amount of
oxygen Air Liquide will supply Marathon Petroleum in total. Both sites
are located on the Gulf Coast.
At Marathon Petroleum’s Galveston Bay Refinery in Texas City, Texas, Air
Liquide will increase its current oxygen delivery by 400 tonnes per day.
And in Garyville, Louisiana, Air Liquide will increase oxygen delivery
by up to as much as 500 tonnes per day.
Marathon Petroleum Corporation operates the nation's largest refining
system with more than 3 million barrels per day of crude oil refining
capacity across 16 refineries.
Michael J. Graff, Executive Vice President and Executive
Committee Member, Air Liquide Group, said: “Air Liquide is pleased
to build upon its existing relationship with Marathon Petroleum and
further expand its portfolio of investments in the U.S. The two new
supply agreements with Marathon Petroleum further demonstrate Air
Liquide’s ability to develop and scale its capacity across our pipeline
networks and safely and reliably serve the growing demand for industrial
gases in key geographies.”
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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