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Major investment in US

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Air Liquide announced today that it has been selected by Natgasoline LLC, a wholly-owned subsidiary of OCI N.V., as the supplier of oxygen for its new world-scale methanol plant in Beaumont, Texas.

Air Liquide will invest around €90m (more than $120m) in this high growth area for the chemical industry.

Air Liquide has entered into a new long-term agreement to supply Natgasoline with 2,400 tonnes of oxygen per day. To meet the growing needs of OCI for the production of natural gas-based chemicals, Air Liquide will build a new, state-of-the-art, energy efficient Air Separation Unit (ASU) producing oxygen, nitrogen and argon.

Connected to Air Liquide’s extensive pipeline network along the Gulf Coast in Texas and Louisiana, allowing for high reliability of supply, the ASU is expected to be commissioned by the second half of 2016.

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