Air Liquide: acquisition of a large syngas plant in Germany
In Germany, Air Liquide has just signed an agreement with OXEA GmbH for the acquisition of its syngas plant based in Oberhausen (Rhine-Ruhr area). Anti-trust authorities have given their approval.
This large plant has a production capacity of approximately 83,000 Nm³ per hour of syngas - a mixture of hydrogen and carbon monoxide - used in the production of oxo-intermediates and oxo-derivatives, which are used in high-quality coatings, lubricants and cosmetic and pharmaceutical products.
In close proximity to this syngas facility, Air Liquide is already operating three air separation units that have also delivered oxygen to OXEA for several years now. Air Liquide is currently building a fourth air separation unit in Oberhausen, with a production capacity of 2,400 tonnes of oxygen per day.
Guy Salzgeber, a member of Air Liquide’s Executive Committee, Vice-President for North and Central Europe, said: ”This takeover offers a good illustration of our growth strategy in existing large marketplaces and meets the increasing customer demand for the outsourcing of industrial gases activities. It will generate immediate revenue and intensify our longstanding relationship of cooperation with OXEA. Through this acquisition, Air Liquide reinforces its development in Germany and strengthens its position in the Rhine-Ruhr, one of the largest and leading industrial areas in Europe.”
Other news from the department business & finance
These products might interest you
OCA 200 by DataPhysics
Using contact angle meter to comprehensively characterise wetting behaviour, solids, and liquids
With its intuitive software and as a modular system, the OCA 200 answers to all customers’ needs
Dursan by SilcoTek
Innovative coating revolutionizes LC analysis
Stainless steel components with the performance of PEEK - inert, robust and cost-effective
Tailor-made products for specific applications by IPC Process Center
Granulates and pellets - we develop and manufacture the perfect solution for you
Agglomeration of powders, pelletising of powders and fluids, coating with melts and polymers
