Air Liquide Signs Power-Generation Contract With LyondellBasell
Air Liquide has signed a new long-term contract with LyondellBasell to provide steam, power, air gases and water to three LyondellBasell sites in the Bayport Industrial District in Pasadena, Texas. This agreement expands Air Liquide’s existing relationship with LyondellBasell.
Under this new agreement, Air Liquide will re-invest in an energy-efficient cogeneration unit, increasing its capacity and extending its life by more than 20 years, according to Air Liquide. The facility will have a full capacity of 300 megawatts of electricity and more than 1,300 tonnes of steam per hour. Air Liquide is also investing in Air Separation Unit upgrading, capacity expansion and additional infrastructure at the facility.
The overall investment for this facility will be approximately €180 million ($230million), and was accounted for as a first-quarter 2013 investment decision. Additional capacity from these investments will also provide for the needs of other customers throughout this Texas regional basin. The Bayport basin is a key industrial hub for major petrochemical and refining activities in the area.
For more information, visit www.airliquide.com.