Air Products and ACWA Holding awarded contract by Saudi Aramco
To Build, Own and Operate the World’s Largest Industrial Gas Complex
The Facility Will Supply 75,000 Metric Tons Per Day of Oxygen and Nitrogen to Saudi Aramco Refinery in Jazan for 20 Years
LEHIGH VALLEY, Pa. (April [13], 2015) – Air Products (NYSE: APD) announced today that it has been awarded a contract by Saudi Aramco under a joint venture (JV) of Air Products and ACWA Holding to build, own, and operate the world’s largest industrial gas complex to supply 75,000 metric tons per day (20,000 oxygen and 55,000 nitrogen) to Saudi Aramco’s refinery being built in Jazan, Saudi Arabia for 20 years.
The industrial gas complex will be designed and built by Air Products using its proprietary technology. Once built, this facility will be owned by a JV of Air Products (25%) and ACWA Holding (75%).
“We at Air Products are very excited about being awarded this very significant project. We consider it an honor and a privilege to use our proprietary technology to design and build the world’s largest industrial gas complex for an outstanding client and the largest company in the world, Saudi Aramco. We are very pleased that Saudi Aramco trusts Air Products and our partner ACWA Holding to economically and reliably supply the critical gases needed for its refinery in Jazan,” said Seifi Ghasemi, chairman, president and chief executive officer at Air Products. “This award also demonstrates the value of our outstanding relationship with our partner in ACWA Holding, who has worked so closely with us to develop this great project.”
“We are proud and thrilled to be selected as the partner of choice by Saudi Aramco to develop this World Scale Industrial Gases Project. This mammoth undertaking complements the portfolio of power, water, renewable energy, district cooling, integrated waste and resource recovery projects of ACWA Holding, as the premier infrastructure developer in the region. The partnership with Air Products, the world leader in the field, is further testimony to ACWA Holding’s superior capability to develop large and critical infrastructure projects in the Saudi Arabia and the region” said Mohamed Abunayan, ACWA Holding Chairman”
Home >> Energy and Industry Section
Luxury vegan silk loungewear brand, niLuu, expands in the Middle East with a sec ...
Silver hill duck celebrates its entry into the ksa market with a special showcas ...
Benefit Cosmetics unveils its new mascara innovation: BADgal Bounce Mascara!
Layla Al Hajjaj: Saudi Trailblazer in Entrepreneurship and Beauty Innovation
Introducing the pinnacle of craftsmanship and innovation: MRG-B2000JS and MTG-B2 ...
Saudi Arabia Leads Global Movement in Healthspan Science: Over 2,000 Experts to ...
Saudi Arabia Concludes its Participation at WEF AM25
Hrh prince sultan champions e1 jeddah gp's theme of 'race for change'
MAX Fashion Unveils Its First Concept Store In The UAE At Ibn Battuta Mall
Saudi Arabia to Host Regular World Economic Forum Global Meeting
Essence Unveils Kingdom of Essentia: A New Era of Immersive Experiences in the R ...
Zuma Riyadh Introduces the Award-Winning Ebisu Business Lunch
Get the Look: Cynthia Erivo's Golden Globes Glam by Benefit Cosmetics
Jeddah to see debut of formula e's all-new “pit boost” feature for season 11
Inaugural World Data Symposium to Take Place in Dublin, Ireland
Saudi Films Light Up Cinema Screens in India for First Time with Saudi Film Nigh ...
IATA Follows Successful Guyana CORSIA EEU Procurement Event with Second Event in ...
GLMC: 45 Ministers and 200 Experts from Over 100 Countries to Shape the Future o ...
As part of the "Live Right" program Bupa Arabia Concludes the 2025 Pa ...