Air Liquide and BASF have signed a contract in South Korea’s Yeosu National Industrial Complex for its fourth hydrogen and carbon monoxide unit in the complex to increase by 20% the contractual volumes dedicated to BASF.

Air Liquide’s first contract with BASF in Yeosu was signed 20 years ago since then, Air Liquide has significantly developed its industrial footprint in the Yeosu basin, culminating in the construction of a highly efficient hydrogen and carbon monoxide plant designed and built by Air Liquide’s Engineering and Construction.

This latest unit which started in 2020 is fully integrated with Air Liquide’s three other plants through its 40 km pipeline supply network in Yeosu to ensure the highest level of safety, reliability, efficiency and flexibility to its customers.

Recognising this strong industrial set up and customer focus of Air Liquide, BASF has renewed its trust in Air Liquide by extending the existing contracts over the long term and increasing its reserved capacity by 20%, further reinforcing the long-standing relationship between Air Liquide and BASF.

Francois Abrial, member of the Air Liquide Group’s Executive Committee supervising Asia-Pacific said, “We are pleased to strengthen our long-term partnership with BASF, a leading global company and long-standing strategic customer of the Group, by extending and expanding further our collaboration in the Yeosu basin. This major contract is a demonstration of BASF’s trust and confidence in Air Liquide to create value and deliver long-term performance to our customers.”