Celanese to acquire synthesis gas production unit from Linde
Published by Alex Hithersay,
Editorial Assistant
Hydrocarbon Engineering,
Celanese Corp. has announced the signing of a definitive agreement to acquire a 365 000 tpy synthesis gas (syngas) production unit from Linde PLC.
The production unit is located at the Celanese Clear Lake acetyl intermediates manufacturing facility located in Pasadena, Texas.
Todd Elliott, Celanese Senior Vice President, Acetyls, said: “Linde is currently the primary carbon monoxide supplier to the Clear Lake facility, and the acquisition of this synthesis gas production unit will provide Celanese with future productivity and growth configuration options.”
Syngas is a mixture of carbon monoxide, carbon dioxide and hydrogen. Syngas can be produced from many sources, including natural gas, coal, biomass, or virtually any hydrocarbon feedstock, by reaction with steam or oxygen. Syngas is a crucial intermediate resource for the production of acetic acid, hydrogen, ammonia, methanol, and synthetic hydrocarbon fuels.
Celanese Corp. and Linde PLC expect to complete the transaction pending customary closing conditions and regulatory approvals. Financial details of the deal are not being disclosed at this time.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/16012019/celanese-to-acquire-synthesis-gas-production-unit-from-linde/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Advario and Braskem Idesa inaugurate US$500 million ethane storage terminal in Veracruz, Mexico
Developed as a 50 - 50 partnership between the two companies, the terminal marks a major milestone in Mexico’s energy and petrochemical infrastructure.
