SOURCE: Air Liquide

Air Liquide

April 26, 2016 16:53 ET

UPDATE - Air Liquide Completes Major Upgrade, Expansion of Its Bayport Industrial Complex in Texas

**UPDATE** Due to the Possibility of Severe Weather, Wednesday, April 27, the Air Liquide Ribbon Cutting Ceremony Has Been Moved to an Indoor Facility Near the Air Liquide Bayport Complex; The Updated Venue Location Is Noted Below

HOUSTON, TX--(Marketwired - April 26, 2016) - On Wednesday, April 27, 2016, Air Liquide will host a luncheon and inauguration ceremony to celebrate the upgrade and expansion of its world-scale industrial complex located in the Bayport Industrial District, just east of Houston, Texas. The multi-phased redevelopment project, successfully completed in February 2016, enables Air Liquide to better meet the needs of customers throughout the Texas industrial basin in a safe, energy-efficient and reliable way.

The following individuals are expected to speak prior to the groundbreaking ceremony:

  • John Buckley, CEO of Air Liquide USA LLC
  • Susan Ellerbusch, President, Air Liquide Large Industries U.S. LP
  • Jim Guilfoyle, SVP, Global Intermediates & Derivatives/Global Subby Chain, LyondellBasell
  • Cristina Womack, President/CEO, Pasadena Chamber of Commerce

Additional customers and contractors as well as members from the City of Pasadena and La Porte will also attend and participate in the ribbon cutting ceremony.

**UPDATED EVENT VENUE**
Water's Edge 3901 NASA Parkway, El Lago, Texas 77586

Background information:
Air Liquide first announced the major redevelopment project in 2013. The $230 million investment included upgrades to four state-of-the-art, energy efficient cogeneration units to increase production capacity and extend the life of the units by more than 20 years. The facility now has the capacity to produce 300 megawatts of electricity and more than 1,300 tonnes of steam per hour. The project also included the upgrade and expansion of an air separation unit as well as additional infrastructure upgrades.

Approximately 250 temporary construction jobs were created for the redevelopment project.

Air Liquide in the U.S.
Air Liquide employs more than 5,000 people in the U.S. in over 200 locations. The company offers industrial and medical gases, technologies and related services to customers in energy, industrial, electronics and healthcare markets. www.airliquide.com/USA

World leader in gases, technologies and services for Industry and Health, Air Liquide is present in 80 countries with more than 50,000 employees and serves more than 2 million customers and patients. Oxygen, nitrogen and hydrogen have been at the core of the company's activities since its creation in 1902. Air Liquide's ambition is to be the leader in its industry, delivering long-term performance and acting responsibly.

Air Liquide ideas create value over the long term. At the core of the company's development are the commitment and constant inventiveness of its people.

Air Liquide anticipates the challenges of its markets, invests locally and globally, and delivers high-quality solutions to its customers and patients, and the scientific community.

The company relies on competitiveness in its operations, targeted investments in growing markets and innovation to deliver profitable growth over the long-term.

Air Liquide's revenues amounted to EUR 16.4 billion in 2015, and its solutions that protect life and the environment represented more than 40% of sales. Air Liquide is listed on the Paris Euronext stock exchange (compartment A) and is a member of the CAC 40 and Dow Jones Euro Stoxx 50 indexes.

www.airliquide.com/USA
Follow us on Twitter @AirLiquideUSA

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