Air Liquide Will Invest Approximately $170 Million In St. James Parish, Louisiana, Air Separation Unit
02/10/2015
The new Yuhuang Chemical methanol manufacturing complex will produce approximately 5,000 tonnes of methanol per day, making it one of the largest methanol production facilities in the U.S. based on capacity.
Charlie Yao, CEO of Yuhuang Chemical, Inc., commented: “Our new agreement with Air Liquide for our first world-scale methanol unit in the U.S. will be integral in supporting our ambition of becoming a global player in the petrochemical industry.”
Air Liquide has entered into a new long-term agreement to supply Yuhuang Chemical with 2,400 tonnes of oxygen per day. Air Liquide will invest around $170 million in this high growth area for the chemical industry. The company will build a new, state-of-the-art, energy efficient Air Separation Unit producing oxygen, nitrogen and argon. Connected to Air Liquide’s extensive pipeline system in Louisiana, providing enhanced reliability of supply, the ASU is expected to be commissioned by the second half of 2017.
Michael J. Graff, Senior Vice-President for the Americas and member of Air Liquide group’s Executive Committee, commented, “Air Liquide is pleased to enter into this new collaboration with Yuhuang Chemical to supply their oxygen needs in the US Gulf Coast. The sustainable value we create through our safe, reliable and high-quality technology solutions supports them as they broaden their business in the US and abroad.”
Air Liquide, via its Global Engineering & Construction activity, also recently signed a contract to license its leading MegaMethanol process technology to Yuhuang Chemical. The MegaMethanol Technology which converts natural gas to methanol is part of Air Liquide’s proprietary technology portfolio.
In providing a stable long-term oxygen supply and proprietary natural gas-to-methanol conversion technology, the Air Liquide group further demonstrates its leading position in offering an integrated value proposition for large-scale methanol production.
Project Announcements
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Google Plans Cedar Rapids, Iowa, Data Center
03/25/2024
Canada-Based Premier Tech Establishes Williamsport, Pennsylvania, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Industry in the Era of the Electron
Q1 2024