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Researched by Industrial Info Resources (Sugar Land, Texas)--A veritable cloud of industrial gas plant projects is being tracked by Industrial Info, including Chemical Processing Industry capital projects worth $294 million that are expected to start construction this year in the U.S.
Click on the image at right for a graph showing the top 10 states with Chemical Processing gas plants.
Praxair Incorporated (NYSE:PX) (Danbury, Connecticut) and Air Products and Chemicals Incorporated (NYSE:APD) (Allentown, Pennsylvania) are among the top contributors to this year's project slate.
In Pasadena, Texas, Praxair was performing preliminary engineering for an 80 million-standard-cubic-foot-per-day HYCO (hydrogen-carbon monoxide) brownfield plant located on the grounds of a Celanese Corporation (NYSE:CE) (Irving, Texas) site. Praxair is expected to complete the project in fourth-quarter 2019. For more information, see Industrial Info's project report.
Praxair and Linde AG (Munich, Germany) announced a proposed a merger in late 2016 that has been estimated at $85 billion, but the deal is still undergoing regulatory scrutiny. EU antitrust regulators have set a deadline of August 9 this year to decide whether to greenlight the merger, according to Reuters. In all, Industrial Info is tracking $543 million in project activity by Praxair.
Last week, Air Products and Huntsman (NYSE:HUN) (The Woodlands, Texas) conducted a groundbreaking ceremony in Geismar, Louisiana, for a HYCO plant to produce 50 million standard cubic feet per day of hydrogen and 370 tons per day of carbon monoxide. Located on land leased by Huntsman, the plant will supply gases to Huntsman's neighboring operations. Completion is targeted for early 2020. Beyond supplying Huntsman's Geismar facility, Air Products' new plant will also be connected to its Gulf Coast hydrogen pipeline and network system (GCP), which stretches from the Houston Ship Channel in Texas to New Orleans, Louisiana, the company said. For more information on the HYCO plant, see Industrial Info's project report.
Air Products has forecasted $1 billion to $1.2 billion in capital expenditures for the current fiscal year. Globally, the company said it has a $1.5 billion project backlog and has room to grow. In all, Industrial Info is tracking nearly $647 million in Air Products project activity. For more information, see November 15, 2017, article - Air Products Forecasts More than $1 Billion Capex for New Fiscal Year.
Airgas USA, LLC, an Air Liquide S.A. (Paris, France) company, announced plans in November to build an air separation plant and distribution unit in Mebane, North Carolina. The facility is expected to be on-stream in 2019 and will produce 350 tons per day of oxygen, as well as nitrogen and argon for use in applications such as metal fabrication, blanketing and purging, combustion, chilling and freezing. In addition, the unit will produce medical-grade oxygen to supply to hospitals, nursing homes and research laboratories as well as food and pharmaceutical-grade nitrogen. WorleyParsons (North Sydney, Australia) is providing engineering, procurement and construction (EPC) for the project. For more information, see Industrial Info's project report.
Industrial Info is tracking nearly $500 million in Air Liquide project activity.
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.
Praxair Incorporated (NYSE:PX) (Danbury, Connecticut) and Air Products and Chemicals Incorporated (NYSE:APD) (Allentown, Pennsylvania) are among the top contributors to this year's project slate.
In Pasadena, Texas, Praxair was performing preliminary engineering for an 80 million-standard-cubic-foot-per-day HYCO (hydrogen-carbon monoxide) brownfield plant located on the grounds of a Celanese Corporation (NYSE:CE) (Irving, Texas) site. Praxair is expected to complete the project in fourth-quarter 2019. For more information, see Industrial Info's project report.
Praxair and Linde AG (Munich, Germany) announced a proposed a merger in late 2016 that has been estimated at $85 billion, but the deal is still undergoing regulatory scrutiny. EU antitrust regulators have set a deadline of August 9 this year to decide whether to greenlight the merger, according to Reuters. In all, Industrial Info is tracking $543 million in project activity by Praxair.
Last week, Air Products and Huntsman (NYSE:HUN) (The Woodlands, Texas) conducted a groundbreaking ceremony in Geismar, Louisiana, for a HYCO plant to produce 50 million standard cubic feet per day of hydrogen and 370 tons per day of carbon monoxide. Located on land leased by Huntsman, the plant will supply gases to Huntsman's neighboring operations. Completion is targeted for early 2020. Beyond supplying Huntsman's Geismar facility, Air Products' new plant will also be connected to its Gulf Coast hydrogen pipeline and network system (GCP), which stretches from the Houston Ship Channel in Texas to New Orleans, Louisiana, the company said. For more information on the HYCO plant, see Industrial Info's project report.
Air Products has forecasted $1 billion to $1.2 billion in capital expenditures for the current fiscal year. Globally, the company said it has a $1.5 billion project backlog and has room to grow. In all, Industrial Info is tracking nearly $647 million in Air Products project activity. For more information, see November 15, 2017, article - Air Products Forecasts More than $1 Billion Capex for New Fiscal Year.
Airgas USA, LLC, an Air Liquide S.A. (Paris, France) company, announced plans in November to build an air separation plant and distribution unit in Mebane, North Carolina. The facility is expected to be on-stream in 2019 and will produce 350 tons per day of oxygen, as well as nitrogen and argon for use in applications such as metal fabrication, blanketing and purging, combustion, chilling and freezing. In addition, the unit will produce medical-grade oxygen to supply to hospitals, nursing homes and research laboratories as well as food and pharmaceutical-grade nitrogen. WorleyParsons (North Sydney, Australia) is providing engineering, procurement and construction (EPC) for the project. For more information, see Industrial Info's project report.
Industrial Info is tracking nearly $500 million in Air Liquide project activity.
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.
