Issue Date: April 27, 2015
Air Products Plans Huge Air Facility
Air Products has been awarded a contract by Saudi Aramco to build what it says will be the world’s largest industrial gas facility. The project will be owned 25% by Air Products and 75% by the Arabian Company for Water & Power Development. Air Products estimates it will open by early 2019 at a cost of $2.1 billion. Under a 20-year agreement, the air separation unit will supply 20,000 metric tons of oxygen and 55,000 metric tons of nitrogen per day to a refinery Aramco is building in Jazan, Saudi Arabia.
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