Air Liquide signed a new long-term contract with Yan’an Energy and Chemical Co., a subsidiary of Yanchang Petroleum Group, one of the four largest Chinese companies for oil and natural gas exploration & production, and oil refining. Under the terms of the new agreement, Air Liquide will invest around 80 million euros in two state-of-the-art ASUs (Air Separation Units) in the plant located in Fuxian County of Yan’an City, Shaanxi Province, with a total capacity of 2,800 tons of oxygen per day.
Expected to start operations in Q1 of 2018, the new ASUs will supply air gases including oxygen and nitrogen for the customer’s chemicals production complex which will produce 600,000 tonnes per year of olefins, a chemical intermediate used notably in the production of plastics.
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