Nippon Sanso Holdings Corporation (NSHD) recently announced that Matheson Global HYCO Peru SRL (MGHPS), a group company of NSHD’s U.S. operating company, Matheson Tri-Gas, has signed an agreement with Petroleos del Peru (PetroPeru), the Peruvian National Oil Company, to operate, maintain and supply gaseous hydrogen (H2) and nitrogen (N2). These plants are currently being completed and brought on-stream together with a number of refinery plants at PetroPeru's Talara refinery.

MGHPS will operate these facilities for 20 years to supply H2 and N2 to PetroPeru per our global HyCO operational safety and supply reliability standards.

The plants are now mechanically complete and are currently in stages of commissioning along with the rest of the refinery. Commercial supply of hydrogen and nitrogen is expected to begin later this year per timeline considerations that are coordinated with the refinery start-up and gas needs profile.