Air Products has signed a product supply agreement with Big River Steel. Under the terms of the agreement, Air Products will operate an air separation unit (ASU) producing multiple industrial gases and a PRISM® hydrogen generator.
The on-stream target for all the units is July 2016. The ASU will provide pipeline oxygen, nitrogen and argon, and the PRISM® unit will provide pipeline hydrogen for the new hot rolled steel facility.
“We are pleased to have been chosen by Big River Steel to supply industrial gases for this green-field steel mill,” said Corning Painter, Executive Vice President – Industrial Gases at Air Products, adding, “the project supports growth in our established liquid bulk business and our profitability goals.”
John Correnti, CEO of Big River Steel, stated that ”Big River Steel has full confidence that Air Products will prove to be a good long-term supplier and we are pleased that they will be operating the ASU and hydrogen generator on our site.”
Air Products currently owns and operates over 300 ASUs in over 40 countries worldwide in all types of applications.
In addition to its plants, the company has sold, designed, and built more than 2,000 ASUs globally. Air Products’ cryogenic offerings span from plants with a capability of 50tpd , to single train facilities with oxygen production capacities beyond 4,000tpd.
This news comes about one week since the major JV in Saudi Arabia was announced, in which Air Products will operate the world’s largest ASU in a deal valued at $2.1bn.