Linde announces production JV with Air Products
BRIDGEWATER, N.J. — Linde North America Inc. announced a new production JV with Air Products to build a large-scale air separation unit (ASU) and industrial gas liquefier in Glenmont, NY. The 50/50 JV will operate under the name East Coast Nitrogen and will produce liquid oxygen, nitrogen and argon.
"This joint venture is one of a series of investments that continue to support our North America growth strategy," said Chris Ebeling, Vice President, Merchant & Packaged Gases Sales & Marketing, Linde North America Inc. "This new venture further underscores our continued expansion in our gas application technologies while at the same time adding to our reliability and efficiency of our network."
The new facility will be built at an existing Air Products' location in Glenmont, NY and is expected to begin operations toward the end of December—Q4 2018.
The plant will have a production capacity of over 1,000 tpd of LOX and LIN and will serve the growing requirements of customers from the food, manufacturing, metals, glass, chemical, electronics and healthcare industries. The new plant is designed to be extremely energy efficient while maximizing production capability.
Indonesia, home to 260 MM people on 14,000 islands across a vast archipelago, is estimated to become the seventh-largest economy in the world by 2030, with such growth expected to boost the nation’s energy consumption by 80% from present levels.<sup>1</sup>
At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
In one of the toughest markets in the history of gas compression, we are challenged to deliver more with less.
The New LNG Imperative
The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
November 29, 2017 10am CST
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