EVOL LNG has revealed that it is seeking to develop its ethane business into new and existing markets.
The company believes that ethane, a hydrocarbon produced as part of the LNG production process, presents an attractive new business opportunity that is worth investigating.
EVOL LNG’s Business Manager, Nick Rea, said: “Our high purity, cryogenic ethane has extremely low levels of moisture, sulfur and other contaminants, making it ideal for the refrigeration industry and for speciality gases.
“Interest in ethane is growing, particularly in the refrigeration industry since the widespread phasing out of hydrofluorocarbons, so we’re happy to have a market presence where customers are after a safe and reliable supplier in Australia rather than further afield.
“Customers realise the benefits of a shorter supply chain, with our supply available in close proximity to Fremantle Port.”
EVOL LNG has previously supplied ethane to a large international LNG project and the company has seen growing interest from the Asia-Pacific region.
Mr Rea continued: “EVOL is the only Australian producer of bulk, cryogenic ethane for these applications so we’re looking to grow the business in Australia and in the Asian market. We are able to ship cryogenic ethane by ISO tank to any destination.
“It’s a new line of business for us but one that is showing promise and our ability to adjust our production processes to meet specific customer requirements is giving us the edge.”
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/29032017/evol-lng-looking-to-develop-ethane-business/