Praxair signs helium sourcing agreement with Castleton in US

Praxair signs helium sourcing agreement with Castleton in US

12:01 PM, 30th September 2015
Praxair signs helium sourcing agreement with Castleton in US

DANBURY, US: Praxair Inc said that it has signed a long-term agreement for refining and purchase of helium, with Castleton Commodities International (CCI), involved in gas processing in the Four Corners region of the US and operating a gas processing facility and helium refinery in Utah.

Praxair has been actively developing helium-rich natural gas fields in the region, including helium associated with a recently announced purchase agreement with Nacogdoches Oil & Gas. With Praxair’s additional feedstock, CCI will restart its idled refinery, which can produce up to 150 million cubic feet per year of liquid helium.

“Praxair and CCI have worked together during the last few years to develop helium in the Four Corners region by leveraging CCI’s existing infrastructure to reduce both capital and operating costs,” said AmerAkhras, general manager, global helium and rare gases, Praxair.

“Praxair’s leadership in helium sourcing, operations, and distribution made it the clear choice to help us restart our helium plant safely and efficiently. This gives other producers in the region with access to our plant increased ability to develop their helium resources,” said Brad Burmaster, senior vice president, CCI.

Helium is used in many applications, including magnetic resonance imaging (MRI), fibre optic and semiconductor manufacturing, breathing atmospheres, lifting for blimps and balloons, automobile airbags and leak detection.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Air Liquide continues investing in Asia for semiconductor industry

PARIS, FRANCE: Since start of 2015, Air Liquide SA said it has signed several new long-term contracts with major semiconductor manufacturers in Japan, ...

Read more
Bayer CropScience opens new oilseed processing centre in Germany

MONHEIM, GERMANY: Bayer CropScience said it inaugurated its new European oilseed processing centre in Monheim, having substantially expanded its platf ...

Read more
Clariant to acquire part of Vivimed’s personal care products in India

MUMBAI, INDIA: Clariant AG said it intends to acquire part of Vivimed Labs Ltd’s personal care portfolio. The acquisition will enable Clariant I ...

Read more
New routes to the sustainable manufacturing of chemicals

MANCHESTER, UK: University of Manchester researchers have developed a novel bio catalytic system that potentially allows for the efficient and environ ...

Read more
Teijin to collaborate with biopharma firm for peptide R&D

TOKYO, JAPAN: Teijin Pharma Ltd, the core company of the Teijin group’s medical and pharmaceutical business, said it has agreed with PeptiDreamI ...

Read more
Fluor bags Sasol’s project in South Africa

IRVING, US/JOHANNESBURG, SOUTH AFRICA: Fluor Corporation said that it has signed a three-year agreement with Sasol Group Technology to perform a range ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X