Praxair Expands Hydrogen Supply to Motiva Port Arthur, Texas Refinery
January 16 2018 - 8:34AM
Business Wire
Praxair, Inc. (NYSE:PX) has expanded its long-term hydrogen
supply agreement with Motiva Enterprises LLC. Under this new
agreement, Praxair will increase the amount of hydrogen it supplies
to Motiva’s approximately 600,000 barrel per day refinery in Port
Arthur, Texas. Motiva completed a hydrocracker and diesel
hydrotreater capacity expansion in 2016, and this agreement secures
the additional hydrogen required to support that expansion, as well
as the ongoing needs of the refinery.
Hydrogen is used by refiners to produce ultra-low sulfur diesel
and other clean transportation fuels. Demand for these fuels
continues to increase as companies comply with stricter
environmental regulations and standards. Praxair began delivering
hydrogen to the refinery in 1992 as one of the first customers on
its gas hydrogen pipeline system. Since that time, Praxair’s system
and capabilities have grown significantly and the refinery itself
has undergone several expansions and it is now North America’s
largest.
“Praxair is committed to being the preferred hydrogen provider
in the Gulf Coast, and we are pleased to extend and expand our
long-term agreement with Motiva,” said Dan Yankowski, Praxair’s
president of Global Hydrogen. “Due to our record of safe and
reliable supply, over many years we’ve enjoyed a
mutually-beneficial commercial relationship with Motiva, and we
look forward to continuing to meet the growing needs of their
world-scale refinery.”
About Praxair
Praxair, Inc. is a leading industrial gas company in North and
South America and one of the largest worldwide. With market
capitalization of approximately $40 billion and 2016 sales of $11
billion, the company employs over 26,000 people globally and has
been named to the Dow Jones® World Sustainability Index for 15
consecutive years. Praxair produces, sells and distributes
atmospheric, process and specialty gases, and high-performance
surface coatings. Our products, services and technologies are
making our planet more productive by bringing efficiency and
environmental benefits to a wide variety of industries, including
aerospace, chemicals, food and beverage, electronics, energy,
healthcare, manufacturing, primary metals and many others. For more
information about the company, please visit our website at
www.praxair.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180116006057/en/
Praxair, Inc.Media: Jason Stewart, (203) 837-2448,
jason_stewart@praxair.comInvestor: Juan Pelaez, (203) 837-2213,
juan_pelaez@praxair.com
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