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air-liquide-signs-new-long-term-contract-to-invest-millions-with-xinneng-energy
air-liquide-signs-new-long-term-contract-to-invest-millions-with-xinneng-energy

Air Liquide signs new long-term contract to invest millions with Xinneng Energy

Air Liquide has signed a long-term contract with Chinese outfit Xinneng Energy Company, a subsidiary of ENN Ecological Holdings Company (ENN), to invest millions of euros in it’s Light Hydrocarbon Project.

Under this agreement, Air Liquide will invest more than €60m ($65m) in a new air separation unit (ASU) with a total capacity of 2,700t of oxygen (O2) per day.

Due to start operations in the second quarter of 2018, the unit will be fully owned and operated by the Tier One company. It will be built in ENN’s industrial park of Dalateqi of Ordos City, Inner Mongolia, by Air Liquide’s Engineering and Construction teams.

The ASU will supply industrial gases, including O2 and N2, to be used in ENN’s Light Hydrocarbon Project. The scheme currently produces 200,000t per year of light hydrocarbon, a chemical product widely used in the energy industry.

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