Air Liquide plans to invest over $160 million in new capacity and upgrades to support a long-term agreement under which the company will supply additional gaseous oxygen, nitrogen and syngas to Eastman Chemical’s Longview, Texas, facility.
The project includes construction of a new air separation unit (ASU) and a partial oxidation unit (POX), both slated for startup in late 2021.
The new POX, which will employ Air Liquide’s patented Lurgi technology syngas, will capture and recycle carbon dioxide. Eastman uses syngas at Longview as a feedstock for the production of propionaldehyde, isobutanol, n-butanol, and 2-ethylhexanol (2-EH).
“This project and supply agreement reflect Eastman’s focus to invest in growth opportunities through strategic partnerships to create positive economic and environmental benefits,” says Mark Costa, Eastman’s chairman and CEO.
By: Clay Boswell
Source: Chemical Week
The future CEO of thyssenkrupp Uhde, Nadja Håkansson, has held various management positions at Siemens and Siemens Energy and looks back on over 18 years of national and international experience in the areas of supply chain management, operations, sales and corporate management.
Neste and South Korean company Lotte Chemical have partnered on a project to elevate the sustainability profile of chemicals and plastics. The partnership’s ambition is to replace fossil resources with renewable raw materials that offer a lower carbon footprint.
At least the confidence in the chemical sector has been seeing an upward trend and the trade balance is recovering as destocking seems to be coming to an end. Citing projections from the European Central Bank, CEFIC states that the level of inflation is expected to fall from 5.4% in 2023 to 2.3% in 2024.
