New
industrial gas investment in T&T
Trinidad Guardian
Port
Spain
Petroleumworldtt.com
04 08 07
FRENCH industrial gas producer Air Liquide has made an investment of over 40
million euros in a new air separation unit.
The unit will have a capacity of 720 tonnes per
day of gaseous oxygen and 1,500 tonnes per day
of gaseous nitrogen.
The
unit is scheduled to begin operation in mid-year
2009 and will be located in Point Lisas, the country’s
main industrial basin.
In a statement Air Liquide said it already serves
the major producers in the methanol and ammonia
industries in Trinidad, many of which are embarking
on expansion plans, because of the high demand
for their products. Methanol, for instance, is
a petrochemical used to manufacture products such
as synthetic textiles, foam cushions, recyclable
plastics, household paints or adhesives.
T&T’s
clients has grown significantly, leading to a
This new unit will serve existing
customers as well as new projects.
Pierre
Dufour, Executive Vice-President, Air Liquide
Group, in charge of the World Business Line Large
Industries, said: “This new investment in
Trinidad is an example of our team’s ability
to build long-term relationships based on proximity
with our customers and to accompany them all around
the world.
“This investment is also further proof of
our Group’s commitment to pursue its growth
strategy in dynamic areas.”
Trinidad
Guardian
Thursday 5th April, 2007
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©2007 Trinidad Guardian. All Rights Reserved.
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