Air Products will build, own and operate (BOO), a new industrial gases complex supplying hydrogen, nitrogen and steam to IOCL’s Barauni Refinery in Bihar, India.
The new industrial gas complex will aid IOCL’s capacity expansion from six to nine million tonnes annually, producing Euro-VI or BS-VI compliant gasoline and diesel at its Barauni complex. The industrial gas complex will include the latest generation multi-feed hydrogen production facility supplying 70,000 normal cubic meters per hour (Nm3/hr) of hydrogen and steam and a high-efficiency air separation unit producing 4,000 Nm3/hr of nitrogen.
Air Products expects the new industrial gas complex for IOCL to come onstream in 2024.
Air Products’ COO, Dr Samir J. Serhan, said, “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.”
Juan Gonzalez, VP at Air Products, said, “We are proud to work with IOCL as they look to significantly expand their operations at Barauni.”
Once completed, the Barauni project will be Air Products’ second BOO project in India, after the Kochi Industrial Gas complex at BPCL’s Kochi Refinery.