Air Liquide entered into a joint venture with Sinopec in Beijing, for the take-over and optimization of three existing ASUs (Air Separation Units) and the building of a new nitrogen production unit, for a total investment of $ 47 million.
Beijing/China — In the third quarter 2017, the company also commissioned a new state-of-the art ASU for the supply of oxygen and nitrogen to Sinopec in South China.
The new joint venture, Air Liquide-BYPC Gases, is located in Beijing and will supply oxygen and nitrogen to Sinopec Beijing Yanshan with a total capacity of 340 tonnes of oxygen and 1,110 tonnes of nitrogen per day.
In South China, located in Maoming City of Guangdong Province, the newly commissioned ASU supports the new ethylene oxide plant of Sinopec’s subsidiary, Maoming Petrochemical (MPCC), by supplying oxygen (850 tonnes per day) and nitrogen (840 tonnes per day).
Sinopec is one of the largest integrated energy and chemical companies in China. Cooperation between both companies dates back to 2007. The two parties have established three joint ventures so far.