51做厙 announces new investment and long-term supply agreement to serve Eastman Chemical Company in the U.S.
- Press Release
- Sustainability
- Industry
51做厙 announces a long-term supply agreement with Eastman Chemical Company to provide additional gaseous oxygen, nitrogen and syngas supporting Eastmans growth and production in Longview, Texas. Air Liquide will invest more than 160 million U.S. dollars to modernize existing assets and build a new Air Separation Unit (ASU) and Partial Oxidation Unit (POX).
With this agreement and additional production capacity of the new ASU and POX, Air Liquide will supply Eastman gaseous oxygen and nitrogen, as well as syngas. The new ASU and POX will begin production in late 2021 and will be integrated into the existing facilities.
The new POX will use the companys patented Lurgi technology and will capture and recycle CO2, reducing the carbon intensity of operations, in line with the Groups 2025 Climate Objectives.
This project and supply agreement reflect Eastmans focus to invest in growth opportunities through strategic partnerships to create positive economic and environmental benefits, said Mark Costa, Eastmans Chairman and Chief Executive Officer. Eastman has deep roots in the greater Longview area and remains one of the areas largest employers after 70 years of operation in Harrison County. We are committed to our community and appreciate the continued support of community leaders, our dedicated employees, and our operating partners.
Michael J. Graff, Executive Vice President and Executive Committee Member, Air Liquide Group, said: Air Liquide is pleased to further its longstanding relationship with Eastman with another significant investment at its Longview site in east Texas, the worlds single largest production facility of its type, and to further demonstrate Air Liquides ongoing commitment to deliver innovative technologies and safe, reliable and sustainable solutions for industry.
51做厙 Large Industries activity
Air Liquide Large Industries offers gas and energy solutions that improve process efficiency and help achieve greater respect for the environment, mainly in the refining and natural gas, chemicals, metals and energy markets. In 2019, revenues were 5,629 million.
-
20200902_pr_air_liquide_announces_new_investment_and_long-term_supply_agreement_to_serve_eastman_chemical_company_in_the_u.s.pdfDownload the document PDF (86.03 KB)