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Air Liquide SA Signs New Long Term Contract with LyondellBasell

Monday, 17 Jun 2013 12:00pm EDT 

Air Liquide SA announced that it has signed a new long term contract with LyondellBasell in the U.S. to provide steam, power, air gases and water to three LyondellBasell sites in the Bayport Industrial District in Pasadena, Texas. This agreement expands the Company's existing relationship with LyondellBasell. Under this new agreement, Air Liquide SA will re-invest in energy efficient cogeneration unit, increasing its capacity and extending its life by more than 20 years. The facility will have a full capacity of 300 megawatts of electricity and more than 1,300 tonnes of steam per hour. Air Liquide SA 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 EUR 180 million (USD 230 million). Additional capacity from these investments will also provide for the needs of other customers throughout this Texas regional basin. 

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