Air Liquide To Build Unit To Supply St. James Parish Plant
EDGARD, LA (AP) — Paris-based Air Liquide will invest about $170 million in a unit that will supply oxygen for Chinese petrochemical giant Yuhuang Chemical's planned methanol manufacturing complex in St. James Parish.
The Advocate’s Bill Lodge reports the Yuhuang Chemical plant will produce about 5,500 tons of methanol per day. An overall complex, to be built in three phases at an estimated $1.85 billion, on St. James' west bank. It is the first major direct investment in Louisiana by a mainland Chinese company.
Air Liquide said it has entered into a long-term agreement to supply Yuhuang Chemical with 2,400 tons of oxygen per day. Air Liquide will build an air-separation unit for production of oxygen, nitrogen and argon. That unit will be connected to Air Liquide's Louisiana pipeline system, as well as Yuhuang Chemical's plant.