Air Liquide signs a new long-term contract with Yan’an Energy and Chemical Co., a subsidiary of Yanchang Petroleum Group, one of the four largest Chinese companies for oil and natural gas exploration & production, and oil refining.
Under the terms of the new agreement, Air Liquide will invest around €80m in two state-of-the-art ASUs, with a total capacity of 2,800 tonnes of oxygen per day.
Expected to start operations in Q1 of 2018, the new ASUs will supply air gases including oxygen and nitrogen for the customer’s chemicals production complex which will produce 600,000 tonnes per year of olefins, a chemical intermediate used notably in the production of plastics.
The two ASUs, located in Fuxian County of Yan’an City, Shaanxi Province, will be built by Air Liquide’s Engineering and Construction teams using leading technologies to offer energy efficiency as well as optimal reliability and safety, and will be owned and operated by Air Liquide.
... to continue reading you must be subscribed
