Published by Todd Bush on May 8, 2023
LEHIGH VALLEY, Pa., May 8, 2023 /PRNewswire/ -- Air Products (NYSE: APD), the world's leader in liquefied natural gas (LNG) technology and equipment, today announced it has signed an agreement to supply its proprietary liquefied natural gas (LNG) process technology and equipment to Technip Energies for the Xi'An LNG Emergency Reserve & Peak Regulation Project with Shaanxi LNG Reserves & Logistics Company Ltd, in ShaanXi Province, China. Air Products' technology will be vital for the liquefaction train producing 800,000 tons per year of LNG when the plant becomes operational.
>> In Other News: LyondellBasell Pursues New Electric Furnace Technology, Collaborates with Technip Energies and ChevronPhillips
Under the agreement, Air Products will supply AP-SMR™ LNG Process technology, with proven performance for mid-scale LNG production, as well as the engineering, design and manufacturing of the coil wound main cryogenic heat exchanger for the liquefaction section of the plant. Air Products will also provide technical advisory services for the installation and commissioning, and performance testing when operational.
This will be the largest liquefaction unit worldwide to date using a single electric motor-driven mixed refrigerant compressor, which will enable low-carbon LNG production to help meet the growing demand for clean energy. The LNG produced will be distributed to the Chinese market for use in residential and industrial applications.
"Air Products is honored to be selected for this project and again work with Technip Energies to provide our unrivaled liquefaction process technology and equipment to the dynamic Chinese mid-scale LNG market. This project demonstrates how we are helping customers to optimize their facility's overall performance with safe, sustainable solutions to achieve both production and environmental goals," said Dr. Samir J. Serhan, Air Products' Chief Operating Officer.
The Xi'An LNG Emergency Reserve & Peak Regulation Project is Air Products' fourth mid-sized liquefaction train placement in China, with the most recent being for the Yangling LNG project, which also uses Air Products' AP-SMR LNG Process technology and coil wound heat exchanger.
The LNG equipment will be built at Air Products' world-class Port Manatee, Florida facility, which opened in January 2014, and completed a 60% expansion in October 2019 to meet the needs of the ever-growing LNG industry. In October 2018, a new LNG equipment test facility (ETF) was dedicated, which enables Air Products to continually improve the reliability and yield produced from its LNG equipment and to design new equipment.
Air Products' proprietary LNG process technology and equipment, vital to helping meet the world's increasing energy needs and desire for clean energy, processes and cryogenically liquefies valuable natural gas for consumer and industrial use. For over 50 years Air Products has manufactured LNG heat exchangers, which currently operate in over 100 LNG trains in 20 countries around the world.
Typically, an LNG heat exchanger can be as large as over 15 feet (5 meters) in diameter and 180 feet (55 meters) long. A finished unit can weigh as much as 500 tons. Photos of Air Products' LNG technology can be downloaded for publication with proper attribution at http://prphotolibrary.airproducts.com/ImageViewer.aspx?q=LNG.
Air Products' LNG process technology and equipment is the heart of an LNG production plant. The technology, in place at some of the most remote locations around the world, takes natural gas and unlocks its value by liquefying it and making it possible to ship it economically. The LNG is eventually re-gasified for energy uses.
The majority of total worldwide LNG is produced with Air Products' technology. In support of the LNG industry, Air Products provides process technology and key equipment for the natural gas liquefaction process for large export plants, small and mid-sized LNG plants, floating LNG plants and LNG peak shavers. Upstream, Air Products provides both nitrogen and natural gas dehydration membrane systems for offshore platforms. Downstream, Air Products provides membrane nitrogen generators for LNG carriers and land-based membrane and cryogenic nitrogen systems for LNG import terminals and baseload LNG plants.
**>> In Company Spotlight:
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest industrial gas and carbon-capture projects, supplying world-scale clean hydrogen for global transportation, industrial markets, and the broader energy transition. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and globally provides turbomachinery, membrane systems and cryogenic containers.
The Company had fiscal 2022 sales of $12.7 billion from operations in over 50 countries and has a current market capitalization of over $65 billion. More than 21,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what's possible to address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com.
SOURCE Air Products
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌏 A Bold Transpacific Alliance: ExxonMobil and Marubeni Power a Cleaner Future with Low-Carbon Ammonia 💰 Aker Carbon Capture Has Decided to Sell Its 20 Percent Ownership Interest...
Inside This Issue 🌊 NYK Partners With Climeworks to Remove CO₂ Through Diverse Carbon Removal Solutions 🛠️ First Public Hydrogen (FPH2) Appoints Ernesto Medrano to Board of Directors 💡 Kinetics Ac...
Inside This Issue 📊 Trading Carbon Right: Why Credit Quality Matters More Than Ever ☀️ SunHydrogen Contracts The Process Group for Front-End Engineering Design of 25m2 Renewable Hydrogen Pilot Pla...
Canada’s Bold Path to Net-Zero: How the Pathways Alliance Is Reshaping Oilsands and Carbon Capture
A united front for a cleaner future In Canada’s race to reach net-zero emissions by 2050, few initiatives carry as much weight—or as much promise—as the $16.5 billion carbon capture and storage (C...
Project Hajar Earns Top XPRIZE Carbon Award for Direct Air Capture and Storage in UAE
Project Hajar, a joint initiative by 44.01 and Aircapture, has been named the strongest performer in the Air category of the XPRIZE Carbon Removal competition, earning a \$1 million award. The proj...
BKV Corporation (“BKV” or the “Company”) (NYSE: BKV) today announced the formation of a strategic joint venture (the “JV”) between BKV dCarbon Ventures, LLC (“dCarbon Ventures”), BKV’s wholly-owned...
Microsoft Expands World’s Largest Carbon Removal Deal with Stockholm Exergi to 5M Tonnes
World’s largest annual CDR delivery deal: Microsoft'’s expanded agreement now totals 5.08M tons, with 500,000 tons captured annually. $1.3B BECCS facility operational by 2028: Stockholm Exergi’s p...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.