Air Products Awarded Long-Term Hydrogen and Nitrogen Supply Agreement for Indian Oil Corporation
LEHIGH VALLEY, Pa. and PUNE, India and BARAUNI, India, June 8, 2022 /PRNewswire/ -- Air Products (NYSE: APD), a world leader in industrial gases and large-scale project development, execution and operation, today announced the signing of a long-term supply agreement with Indian Oil Corporation Limited (IOCL), India's flagship national oil company. Air Products will build, own and operate (BOO) a new industrial gases complex supplying hydrogen, nitrogen and steam to IOCL's Barauni Refinery in Bihar, India.
- Air Products will build, own and operate (BOO) a new industrial gases complex supplying hydrogen, nitrogen and steam to IOCL's Barauni Refinery in Bihar, India.
- The industrial gas complex will include the latest generation multi-feed hydrogen production facility supplying 70,000 normal cubic meters per hour (Nm3/hr) of hydrogen as well as steam, and a high-efficiency air separation unit producing 4,000 Nm3/hr of nitrogen.
- Air Products expects the new industrial gas complex for IOCL to come onstream in 2024.
- Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment.