North America-headquartered Air Products, an industrial gases and large-scale challenge improvement, execution and operation firm has signed a long-term provide settlement with Indian Oil Corporation (IOCL). According to the settlement, Air Products will construct, personal, and function a brand new industrial gases advanced supplying hydrogen, nitrogen, and steam to IOCL’s Barauni Refinery in Bihar, India.
The new industrial fuel advanced will assist IOCL increase its capability from 6 million to 9 million tonnes every year producing Euro-VI or BS-VI compliant petrol and diesel at its Barauni advanced. The industrial fuel advanced will embody the most recent era multi-feed hydrogen manufacturing facility supplying 70,000 regular cubic meters per hour (Nm3/hr) of hydrogen, in addition to, steam, and a high-efficiency air separation unit producing 4,000 Nm3/hr of nitrogen.
Air Products expects the brand new industrial fuel advanced for IOCL to return onstream in 2024. Once accomplished, the Barauni challenge shall be Air Products’ second BOO challenge in India, after the Kochi Industrial Gas advanced at BPCL’s Kochi Refinery.
Dr Samir J. Serhan, CEO, Air Products mentioned, “As one of the fastest-growing economies in the world, our latest strategic investment in India will provide an efficient combination of industrial gas production technologies, enabling IOCL to meet ever-increasing transportation fuel demand.”
Source: www.financialexpress.com”