Loading...
Loading...
posco-to-expand-oxygen-and-nitrogen-storage-capabilities-breaks-into-the-industrial-gases-market
posco-to-expand-oxygen-and-nitrogen-storage-capabilities-breaks-into-the-industrial-gases-market

POSCO to expand oxygen and nitrogen storage capabilities; breaks into the industrial gases market

POSCO will spend $70bn on expanding its oxygen and nitrogen storage facilities at two new steel mills as it looks to makes great strides in the industrial gases market.

The South Korean steelmaking firm today (27th April) said it has broken ground on the new facilities, located in Pohang and Gwangyang Works.

Once operational, POSCO hopes the storage capacity of the mills will total 106,000 tonnes annually by 2030 and 450,000 tonnes annually from 2024.

POSCO currently owns oxygen and nitrogen tanks with a storage capacity of 49,000 tonnes.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...
-->