Air Liquide: to invest USD270m in the US
(CercleFinance.com) - On Wednesday evening, Air Liquide announced an agreement with Methanex supply oxygen, nitrogen and utilities to its upcoming methanol plant expansion project in Geismar, Louisiana.
"To serve Methanex and its other customers in the industrial basin that encompases Geismar and Baton Rouge, Air Liquide will invest more than 270 million US dollars in two new large Air Separation Units and infrastructure assets connected to its Mississippi River Pipeline, and significantly increase its production capacity in the U.S. Gulf Coast region," Air Liquide said.
The new facilities are set to be commissioned in mid-2022.
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"To serve Methanex and its other customers in the industrial basin that encompases Geismar and Baton Rouge, Air Liquide will invest more than 270 million US dollars in two new large Air Separation Units and infrastructure assets connected to its Mississippi River Pipeline, and significantly increase its production capacity in the U.S. Gulf Coast region," Air Liquide said.
The new facilities are set to be commissioned in mid-2022.
Copyright (c) 2019 CercleFinance.com. All rights reserved.