Saudi Arabia, a growing country
Saudi Arabia’s economy, the largest in the Middle East, is driven by the expansion of the petrochemical and refining industries.
Air Liquide has just started up a global-scale hydrogen production site in Yanbu, one of the country’s main industrial areas. This investment of more than 350 million euros represents both the largest industrial investment and largest “over the fence” * hydrogen contract of the Group.
Yanbu: an industrial project of excellence
In June 2015, Air Liquide started up two global-scale hydrogen production units and one purification unit in Yanbu to meet the needs of the region’s largest refinery (400,000 barrels of heavy crude oil per day). The decision by such a large refinery to outsource its hydrogen production is a first in the Middle East. It is the perfect demonstration of the Group’s ability to offer its customers high value-added solutions that contribute to their competitiveness in the long run. This project of unprecedented scale was completed on time and on budget, in spite of a challenging environment where temperatures often exceed 45°C.
A growing presence
More broadly, Air Liquide is developing industrial gas infrastructures in Saudi Arabia, particularly to support the growth of the energy and petrochemical markets. In 2014, two air separation units were put into service and the firm Saudi Aramco selected Air Liquide Arabia to supply nitrogen to strategic oil production installations. Air Liquide has opened a filling center for high purity gases for the petrochemical industry in Dammam.
*Over the fence: build, own and operate contract.
“The new global-scale industrial project in Yanbu reinforces our strategic presence in the Middle East, where we continue to develop our industrial gas infrastructure.”
Pierre Dufour, Senior Executive Vice-President, Air Liquide