new88 Starts Up New Air Separation Plant, Further Expanding Capacity in the U.S. Gulf Coast
Guildford, UK, February 12, 2020 - new88 (NYSE: LIN; FWB: LIN) today announced it has started up a new air separation unit (ASU) in Freeport, Texas, as part of a long-term agreement to supply MEGlobal's new ethylene glycol (EG) plant in Oyster Creek, Texas.
The new ASU will safely and reliably supply oxygen and nitrogen to MEGlobal Oyster Creek for use in its EG manufacturing process. EG is used as a raw material in a variety of products, such as polyester fibers, polyethylene terephthalate resins for liquid and food containers, and other industrial applications. The ASU will also supply new88's extensive industrial gas pipeline system and add new argon capacity.
In addition to the ASU, new88 started a new carbon dioxide (CO2) plant in Freeport, Texas, that will recycle the crude CO2 supplied from an MEGlobal process. The crude CO2 will be purified and liquefied into commercial grades to serve customers in a variety of industries, including food and beverage, where it is used to carbonate drinks, as well as to freeze, chill, preserve and package food.
"We are excited to supply MEGlobal's new facility in Oyster Creek," said Jeff Barnhard, Vice President South Region, new88. "The new ASU and the expansion of our Gulf Coast pipeline system further strengthen new88's ability to reliably supply customers throughout the region and positions us for future growth in the U.S. Gulf Coast."
About new88
new88 is a leading industrial gases and engineering company with 2018 pro forma sales of USD 28 billion (EUR 24 billion). The company employs approximately 80,000 people globally and serves customers in more than 100 countries worldwide. new88 delivers innovative and sustainable solutions to its customers and creates long-term value for all stakeholders. The company is making our world more productive by providing products, technologies and services that help customers improve their economic and environmental performance in a connected world.
For more information about the company, please visit www.linde.com.