MATHESON has entered into an agreement with Lotte Chemical’s subsidiary, Lotte Chemical Louisiana LLC, to supply tonnage oxygen and nitrogen to its world-scale monoethylene glycol (MEG) plant in Louisiana.
The new MEG plant is part of Lotte Chemicals’ $3bn investment in Lake Charles, Louisiana.
For MATHESON, the resulting ASU will become its fourth in the Lake Charles region in the span of just four years, as President and CEO Scott Kallman explained, “The installations will be MATHESON’s third and fourth new large scale ASUs constructed in the Lake Charles area in the span of four years and reinforces Lake Charles as the anchor of our southern US coast-to-coast atmospheric gas network.”
Kallman added that the investment not only significantly enhances the reliability of supply for its Lake Charles pipeline complex customers, but also further expands MATHESON’s argon capacity to support sales to direct customers and independent distributors.
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