As part of the announcement released today, Air Liquide has said will invest more than $160m to modernise existing assets and to build a new air separation unit and partial oxidation unit, both of which will be operational late next year (2021).
The partial oxidation unit will feature Air Liquide’s Lurgi technology. The unit will capture and recycle CO2 to reduce the carbon intensity of operations, aligning with the groups 2025 climate objectives.
Mark Costa, Eastman’s Chairman and CEO said, “This project and supply agreement reflects Eastman’s focus to invest in growth opportunities through strategic partnerships to create positive economic and environmental benefits.”
Michael Graff, Executive Vice-President and Executive Committee Member of Air Liquide Group, added, “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 the industry.”