̨ʹٷվ signs long-term supply agreement with GCGV and will build new Air Separation Unit in Texas
- Press Release
- Agreement
- Industry
- Sustainability
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̨ʹٷվ has signed a long-term agreement with Gulf Coast Growth Ventures (GCGV), a 50/50 joint venture between ExxonMobil and SABIC, to supply oxygen and nitrogen from its industrial gas pipeline network to GCGV’s planned ethane cracker facility located near Corpus Christi, in Texas. To support the new agreement and additional volumes, ̨ʹٷվ plans to invest nearly 140 million USD to build a new world-scale Air Separation Unit in Bay City, Texas, and related infrastructure investments.
̨ʹٷվ will supply 2,000 tons per day of oxygen and 900 tons per day of nitrogen to GCGV’s planned 1.8 million tons per year ethane cracker facility. ̨ʹٷվ will also add nearly eight miles of pipeline to connect GCGV to its Gulf Coast Pipeline System, strengthening ̨ʹٷվ’s extensive capabilities throughout the Gulf Coast region of the U.S., and its position in the growing industrial basin of Corpus Christi, where it has been present since the mid-1930’s.
In addition to delivering full requirements for oxygen and nitrogen to GCGV’s new petrochemical plant, the production capacity from the Bay City ASU, and its connection to ̨ʹٷվ’s expansive pipeline network along the Gulf Coast, will enable ̨ʹٷվ to retire older, less efficient assets. By modernizing its asset fleet, ̨ʹٷվ provides enhanced competitiveness to its customers over the long term and reduces the carbon intensity of its operations, hence contributing to achieving its 2025 Climate Objectives.
With ̨ʹٷվ’s ability to provide large volumes of oxygen and nitrogen via its integrated production and supply network, customers can benefit from a safe, flexible and reliable supply to meet their growing demands.
Michael Graff, ̨ʹٷվ Group Executive Vice President and Member of the Executive Committee, said: “Air Liquide is proud to be part of this word-class project and to collaborate with industry leaders like ExxonMobil and SABIC. This long-term agreement and investment in the new Bay City, Texas ASU, further demonstrates ̨ʹٷվ’s strong position and extensive capabilities in the Gulf Coast region of the U.S. and its commitment to providing customers with sustainable, high quality solutions to meet their growing needs safely, reliably and with excellence.”
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