Matheson to supply gases for new Sasol cracker
1/22/2015 12:00:00 AM
MATHESON has entered into an agreement with Sasol to supply tonnage oxygen and nitrogen to Sasols world-scale ethane cracker, which is part of Sasols $8.1 billion expansion in Lake Charles, Louisiana.
MATHESONs new Air Separation Unit (ASU) will augment existing operations, supplying both Sasol and existing customers while also providing for additional expansion in the Lake Charles area.
This ASU reflects the drive by MATHESON to further develop and reinforce our existing coast-to-coast bulk industrial gas network in the Sunbelt of the US, said Scott Kallman, CEO of MATHESON.
With the start-up of the new ASU, MATHESON will also continue implementation of our vertical integration strategy establishing cylinder gas and welding supply products distribution to complement our bulk capabilities and thereby meet the total industrial gas and equipment needs of our Ccstomers safely and reliably," he added.
The ASU and pipeline will be constructed, owned and operated by MATHESON.
The ASU distillation columns, often referred to as the cold box, will be engineered and manufactured utilizing the technology and facilities of MATHESONs parent company, Taiyo Nippon Sanso Corp. (TNSC) in Japan. There have been 7 TNSC cold boxes installed in the US in the past 10 years.
According to the Louisiana Economic Development (LED), over 130 new direct and indirect jobs in Louisiana will be traceable to the MATHESON project. These jobs are in addition to the jobs created by the Sasol expansion project itself.
MATHESONs ASU complex is scheduled for completion in 2016, while Sasols ethane cracker and derivatives complex is scheduled for startup in 2018.
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