Industrial Info Tracks $900 Million Worth of U.S. Industrial Gas Projects Under Construction

Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial gases are big business in the U.S., where Industrial Info is tracking more than $900 million worth of project activity in the construction phases.

Click on the image at right for a graph showing current U.S. industrial gases project construction activity.

Worldwide, Industrial Info is tracking more than $8.9 billion in industrial gases project activity now in the construction phases. Global demand for industrial gases has accelerated in recent years, and the market is predicted to reach $87 billion by 2021, according to a report by The Business Research Company (Philadelphia, Pennsylvania).

Back in the U.S., most of the industrial gases projects under construction involve air separation units. In Saint James, Louisiana, the U.S. component of Air Liquide (Paris, France) is at work on a grassroot air separation plant, which is expected to produce at least 2,400 tons per day of oxygen to supply a 1.9 million-ton-per-year methanol plant that is planned by Shandong Yuhuang Chemical (Group) Company (Heze City, Shandong Province, China), and 2,600 tons per day of nitrogen for the merchant market. The air separation plant project is expected to be completed in early 2019. For more information, see Industrial Info's project report.

In Westlake, Louisiana, Matheson Tri-Gas (Bernards Township, New Jersey) is wrapping up work on two new air separation units at its plant site. When the air separation unit expansion is completed later this year, the plant will be able to produce 1,875 tons per day of oxygen and nitrogen. The first two air separation units were completed in 2016. For more information, see Industrial Info's project report.

In Claymont, Delaware, Linde AG (Munich, Germany) is building an air separation unit to produce 1,200 tons per day of liquid oxygen and 400 tons per day of industrial gases, including argon and nitrogen. For more information, see Industrial Info's project report. Linde is in the process of merging with Praxair Incorporated (NYSE:PX) (Danbury, Connecticut). For more information on Praxair projects, see August 16, 2018, article - Industrial Info Tracks $826 Million in Praxair Projects as Merger with Linde Looms.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.