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air-liquide-to-invest-160m-as-part-of-new-agreement-with-eastman-chemical-company
air-liquide-to-invest-160m-as-part-of-new-agreement-with-eastman-chemical-company

Air Liquide to invest $160m as part of new agreement with Eastman Chemical Company

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Air Liquide has entered into a long-term supply agreement with Eastman Chemical Company to provide additional gaseous oxygen, nitrogen and syngas to support the company’s growth and production in Longview, Texas.

As part of the announcement released today, Air Liquide has said will invest more than $160m to modernise existing assets and to build a new air separation unit and partial oxidation unit, both of which will be operational late next year (2021).

The partial oxidation unit will feature Air Liquide’s Lurgi technology. The unit will capture and recycle CO2 to reduce the carbon intensity of operations, aligning with the groups 2025 climate objectives.

Mark Costa, Eastman’s Chairman and CEO said, “This project and supply agreement reflects Eastman’s focus to invest in growth opportunities through strategic partnerships to create positive economic and environmental benefits.”

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