Air Liquide (AL) announced that it will invest around 60 million euros to revamp two ASUs the Group operates in the Tianjin industrial basin, in China.
The announcement comes within the context of the renewal of a long-term industrial gases supply contract with Tianjin Bohua Yongli Chemical Industry (YLC), a subsidiary of the Bohua Group.
As part of this modernization plan, AL will significantly reduce the CO2 emissions linked to the production of oxygen and other gases with the adaptation of these ASUs so they can run on electrical power instead of steam. In addition, AL has signed a three-party MOU with YLC and the Tianjin Binhai District, notably to explore the implementation of Carbon Capture, Use and Storage (CCUS) solutions.
Replacing the current steam supply of the ASUs by electricity will avoid the emission of 370,000 tonnes of CO2 per year. The two ASUs planned to be operational mid 2024.