Praxair, Inc. has signed a 15-year supply contract with chemistry solutions provider Celanese Corporation under which the Tier One player will build two new industrial gas production plants in the US Gulf Coast.
Representing an investment of more than $300m, Praxair will build, own and operate a new, state-of-the-art carbon monoxide (CO) and hydrogen (H2) plant as well as a new air separation unit (ASU) on its nitrogen (N2) and oxygen (O2) pipeline network.
The US industrial gas giant has also announced plans to expand its extensive H2 pipeline network to enable the supply of 80 million cubic feet per day of co-produced H2 in order to meet requirements of other new customers along the US Gulf Coast.
As a result, Praxair will provide tonnage quantities of the industrial gases required by Celanese in the long-term deal.
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