23 June 2015
DETAILS
Air Liquide announces
the start-up of its global-scale hydrogen production site
in Yanbu Industrial City,
on the West coast of the Kingdom of Saudi Arabia.
Announced in 2010, this investment of more than 350 million euros
represents both
the largest industrial investment and
largest “over the fence”1hydrogen contract of the Group.
In the context of a long-term agreement,
Air Liquide Arabia will supply hydrogen to
the new YASREF refinery
(a joint venture between Saudi Aramco and Sinopec)
located in Yanbu, one of the main industrial areas of the country
and a high growth area for refining and petrochemicals.
YASREF is the largest refinery in the region and
will process 400,000 barrels of heavy crude oil per day.
Hydrogen will allow
the reduction of the sulfur content of the produced fuels, and
meet the environmental standards for cleaner transportation fuels.
With two global-scale hydrogen production units and
one purification unit, the Air Liquide site
has a total hydrogen capacity of 340,000 Nm³/hour.
The production will ramp up, according to
the needs of YASREF, during the course of 2015.
Pierre Dufour,
Senior Executive Vice-President of the Air Liquide Group,
“This new global-scale project reinforces our strategic presence
in the Middle East, where we continue to develop
our industrial gas infrastructure.
The decision by such a large refinery
to outsource its hydrogen production is a first in the Middle East,
and representative of a growing trend in the region.
Thanks to its technologies and operational know-how,
Air Liquide offers its customers high value-added solutions that
contribute to their competitiveness in the long run.”
CONTACT AIR LIQUIDE
MEDIA RELATIONS
-
Caroline Philips
+33 (0)1 40 62 50 84
-
Anne Michaud
+33 (0)1 40 62 50 59
INVESTOR RELATIONS
-
Aude Rodriguez
+33 (0)1 40 62 57 08
-
Louis Laffont
+33 (0)1 40 62 57 18
AIR LIQUIDE MIDDLE EAST AND AFRICA COMMUNICATIONS
-
Nathalie Grenache
+971 4 205 5512
