Air Liquide, LyondellBasell expand existing joint venture
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Air Liquide, LyondellBasell expand existing joint venture

7:13 AM, 19th June 2013
Air Liquide, LyondellBasell expand existing joint venture

PARIS, FRANCE: Air Liquide has signed a new long term contract with LyondellBasell in the US to provide steam, power, air gases and water to three LyondellBasell sites in the Bayport Industrial District in Pasadena, Texas, US. This agreement expands Air Liquide’s existing relationship with LyondellBasell.

Air Liquide will re-invest in a state-of-the-art, energy efficient cogeneration unit, increasing its capacity and extending its life by more than 20 years. The facility will have a full capacity of 300 megawatts of electricity and more than 1,300 tonne of steam per hour. Air Liquide is also investing in Air Separation Unit upgrading and capacity expansion and additional infrastructure at the facility. The overall investment for this facility will be approximately €180 million ($230 million).

“We want to thank the LyondellBasell Group for its continued trust in Air Liquide as its supplier of choice. With this investment, Air Liquide further demonstrates its capacity to meet the growing needs of long-term customers and the rising demands of major industrial hubs around the world with highly reliable products and services delivered with world class safety and efficiency,” said Michael Graff, Senior Vice-President and Member of the Executive Committee, Air Liquide.

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