The 2020 Mid-Year Economic Update_long

Air Liquide to Invest $160 Million in Eastman Chemical Facility

Air Liquide’s new investment coincides with a long-term supply agreement to serve Eastman Chemical Co. in the U.S.
Air Liquide

Gases distributor Air Liquide announced Wednesday a long-term supply agreement with Eastman Chemical Co. to provide additional gaseous oxygen, nitrogen and syngas supporting Eastman’s growth and production in Longview, Texas. Air Liquide will invest more than $160 million to modernize existing assets and build a new Air Separation Unit (ASU) and Partial Oxidation Unit (POX).

With this agreement and additional production capacity of the new ASU and POX, Air Liquide will supply Eastman gaseous oxygen and nitrogen, as well as syngas. The new ASU and POX will begin production in late 2021 and will be integrated into the existing facilities.

“This project and supply agreement reflect Eastman’s focus to invest in growth opportunities through strategic partnerships to create positive economic and environmental benefits,” said Mark Costa, Eastman’s Chairman and Chief Executive Officer. “Eastman has deep roots in the greater Longview area and remains one of the area’s largest employers after 70 years of operation in Harrison County. We are committed to our community and appreciate the continued support of community leaders, our dedicated employees, and our operating partners.”

Michael J. Graff, Executive Vice President and Executive Committee Member, Air Liquide Group, said: “Air Liquide is pleased to further its longstanding relationship with Eastman with another significant investment at its Longview site in east Texas, the world’s single largest production facility of its type, and to further demonstrate Air Liquide’s ongoing commitment to deliver innovative technologies and safe, reliable and sustainable solutions for industry.”

Related Posts

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

0

articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.