LEHIGH VALLEY, Pa.,
April 3, 2018 /PRNewswire/
-- Air Products (NYSE: APD) and Huntsman jointly gathered
today for a groundbreaking ceremony held at the site of what will
be Air Products' new steam methane reformer (SMR) and cold box in
Geismar, Louisiana. Air Products
will build, own and operate the facility under a long-term
agreement and industrial gases including carbon monoxide (CO),
hydrogen and steam will be produced and supplied to Huntsman's
neighboring Geismar
operations. The new facility is to be commercially onstream
in early 2020.
"It is always exciting to break ground for a new world-scale
facility, and especially to do so at a location where it will
primarily serve a long-standing customer. We have supplied
Huntsman with industrial gases at other facilities where they have
operations and we are pleased to expand our relationship through
this new supply supporting Huntsman at Geismar. The Air
Products plant will be state-of-the-art in terms of high
reliability and sustainability, with enhanced energy efficiency and
reduced emissions," said Corning Painter, executive vice president
– Industrial Gases at Air Products.
Tony Hankins, president of
Huntsman Polyurethanes said, "The reliability and environmental
performance of the new industrial gases plant from Air Products
will be an important foundation in supporting the delivery of our
North American Polyurethanes strategy. As a business, we are
focused on rapidly building our downstream footprint and
capabilities. This strategic shift can only be achieved with a
strong upstream asset position at our Geismar MDI facility. We look
forward to the successful commissioning of the Air Products plant
in early 2020."
The new facility, to be located on land leased from Huntsman,
will produce approximately 6.5 million standard cubic feet per day
(MMSCFD) of CO, 50 MMSCFD of hydrogen, and up to 50,000 pounds per
hour of steam. There is also the ability for the facility to
be expanded to increase CO in the future to support additional
growth.
Beyond supply to Huntsman's production facility in Geismar, Air Products' new plant will also be
connected to its Gulf Coast hydrogen pipeline and network system
(GCP). Dedicated in 2012, the 600-mile pipeline span is the world's
largest hydrogen plant and pipeline network system. The GCP
stretches from the Houston Ship Channel in Texas to New
Orleans, Louisiana, and supplies customers with over 1.4
billion feet of hydrogen per day from 22 hydrogen production
facilities.
"We recently announced increased hydrogen capacity to the Gulf
Coast pipeline for customers with an onstream project in
Texas, and now we will again have
added enhanced and reliable hydrogen supply to the pipeline network
when this Geismar facility is
placed onstream. We continually seek additional sources of
hydrogen to add product supply capacity to our customers along our
well-established pipeline network system along the Gulf Coast,"
said Painter.
About Air Products
Air Products
(NYSE:APD) is a world-leading Industrial Gases company in operation
for over 75 years. The Company's core industrial gases business
provides atmospheric and process gases and related equipment to
manufacturing markets, including refining and petrochemical,
metals, electronics, and food and beverage. Air Products is also
the world's leading supplier of liquefied natural gas process
technology and equipment.
The Company had fiscal 2017 sales of $8.2
billion from continuing operations in 50 countries and has a
current market capitalization of about $35
billion. Approximately 15,000 passionate, talented and
committed employees from a diversity of backgrounds are driven by
Air Products' higher purpose to create innovative solutions that
benefit the environment, enhance sustainability and address the
challenges facing customers, communities and the world. For more
information, visit www.airproducts.com.
About Huntsman
Huntsman Corporation is a
publicly traded global manufacturer and marketer of differentiated
and specialty chemicals with 2017 revenues of approximately
$8 billion. Our chemical products
number in the thousands and are sold worldwide to manufacturers
serving a broad and diverse range of consumer and industrial end
markets. We operate more than 75 manufacturing, R&D and
operations facilities in approximately 30 countries and employ
approximately 10,000 associates within our four distinct business
divisions. For more information about Huntsman, please visit the
company's website at www.huntsman.com.
NOTE: This release may contain forward-looking statements
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on management's reasonable expectations and assumptions as of
the date of this release regarding important risk factors. Actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors not anticipated by management,
including risk factors described in the company's Form 10K for its
fiscal year ended September 30,
2017.
EDITOR'S NOTE: Downloadable photos from today's event are
available in Air Products' online News Center.
View original
content:http://www.prnewswire.com/news-releases/air-products-breaks-ground-at-huntsman-site-in-louisiana-for-industrial-gases-production-plant-to-supply-carbon-monoxide-and-hydrogen-to-huntsman-300623842.html
SOURCE Air Products