Air Liquide Signs a New Long-Term Contract in the United States with LyondellBasell

HOUSTON–(BUSINESS WIRE)–Air Liquide recently signed a new long-term agreement with
LyondellBasell, one of the world’s largest plastics, chemicals and
refining companies, to supply oxygen to LyondellBasell’s new large-scale
petrochemical plant which will be constructed in Channelview, Texas.
LyondellBasell’s new propylene oxide/tertiary butyl alcohol plant
(PO/TBA), is expected to be the largest of its kind plant in the world
when completed.

The oxygen provided by Air Liquide will be sourced from its Gulf
Coast Pipeline System, part of the largest industrial gas pipeline
system in the world, which spans more than 2,000 miles along the
coasts of southeast Texas and Louisiana.

LyondellBasell’s $2.4 billion PO/TBA project is part of its announced
organic growth program. The PO/TBA portion of this investment is
designed to meet rising global demand for both urethanes and cleaner-burning
oxyfuels. The construction of LyondellBasell’s new PO/TBA plant is
expected to begin in the second half of 2018 and be completed in 2021.

Susan Ellerbusch, CEO of Air Liquide USA LLC, which is comprised of
the company’s U.S. Large Industries and Electronics businesses, said: “We
appreciate the confidence LyondellBasell has placed in Air Liquide as
the oxygen supplier of choice for their largest ever PO plant. This
long-term agreement further recognizes the unmatched reliability and
flexibility of Air Liquide’s Gulf Coast oxygen pipeline system and our
ability to help LyondellBasell realize the fullest potential of their
new world scale investment.”

www.airliquide.com/united-states-america
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Air Liquide in the U.S.

Air Liquide employs more than 20,000 people in the U.S. in more than
1,300 locations and plant facilities including a world-class R&D center.
The company offers industrial and medical gases, technologies and
related services to a wide range of customers in energy, petrochemical,
industrial, electronics and healthcare markets. www.airliquide.com/USA

LyondellBasell

LyondellBasell (NYSE: LYB) is one of the largest plastics, chemicals and
refining companies in the world. Driven by its 13,000 employees around
the globe, LyondellBasell produces materials and products that are key
to advancing solutions to modern challenges like enhancing food safety
through lightweight and flexible packaging, protecting the purity of
water supplies through stronger and more versatile pipes, and improving
the safety, comfort and fuel efficiency of many of the cars and trucks
on the road. LyondellBasell sells products into approximately 100
countries and is the world’s largest licensor of polyolefin and
polypropylene technologies. More information about LyondellBasell can be
found at www.lyondellbasell.com.

Air Liquide

The world leader in gases, technologies and services for Industry and
Health, Air Liquide is present in 80 countries with approximately 65,000
employees and serves more than 3.5 million customers and patients.
Oxygen, nitrogen and hydrogen are essential small molecules for life,
matter and energy. They embody Air Liquide’s scientific territory and
have been at the core of the company’s activities since its creation in
1902.

Air Liquide’s ambition is to lead its industry, deliver long term
performance and contribute to sustainability. The company’s
customer-centric transformation strategy aims at profitable growth over
the long term. It relies on operational excellence, selective
investments, open innovation and a network organization implemented by
the Group worldwide. Through the commitment and inventiveness of its
people, Air Liquide leverages energy and environment transition, changes
in healthcare and digitization, and delivers greater value to all its
stakeholders.

Air Liquide’s revenue amounted to 20.3 billion euros in 2017 and its
solutions that protect life and the environment represented more than 40
percent of sales. Air Liquide is listed on the Euronext Paris stock
exchange (compartment A) and belongs to the CAC 40, EURO STOXX 50 and
FTSE4Good indexes.

Contacts

Air Liquide USA
Emma V. Chambers, +1 713-624-8051
[email protected]