Air Liquide has entered into a €40m ($47.4m) joint venture (JV) with energy and chemical company China Petroleum & Chemical Corp (Sinopec), for the take-over and optimisation of three existing Air Separation Units (ASUs) and the building of a new nitrogen (N2) production unit.
The new JV, Air Liquide-BYPC Gases, is located in Beijing and will supply oxygen (O2) and N2 to Sinopec Beijing Yanshan Co. with a total capacity of 340 tonnes of O2 and 1,110 tonnes of N2 per day.
In the third quarter of 2017, Air Liquide also commissioned a new state-of-the-art ASU for the supply of O2 and N2 to Sinopec in South China. Located in Maoming City of Guangdong Province, the ASU supports the new ethylene oxide plant of Sinopec’s subsidiary, Maoming Petrochemical (MPCC), by supplying O2 (850 tonnes per day) and N2 (840 tonnes per day).
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