Praxair, Inc. (NYSE: PX) has signed a long-term contract to supply hydrogen to Marathon Petroleum Corporation’s refinery in Garyville, Louisiana. The company will use the hydrogen to support an ultra-low-sulfur diesel project planned for 2018.
Marathon Petroleum is the third-largest transportation fuels refiner in the U.S. and operates an integrated refining, marketing and transportation system in the Midwest, East, Southeast and Gulf Coast. The hydrogen will be supplied through Praxair’s extensive Southeast Louisiana pipeline network.
“Garyville is home to Marathon Petroleum’s largest refinery, the third largest by capacity in the U.S., and Praxair is proud to be supporting their business in the Gulf Coast,” said Dan Yankowski, president of Praxair’s global hydrogen business. “This type of opportunity to further serve our customers in the region is why we expanded our presence in the lower Mississippi River corridor several years ago.”
Key data points: The growth forecast = 22% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in megawatt proton exchange membrane water electrolysis hydrogen production electrolytic cell sales market to 2031 by type (aqueous solution electrolysis tank, molten salt electrolytic cell, and non aqueous solution electrolytic cell), application (chemical plant, thermal power generation, hydrogen refueling station, renewable hydrogen production, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesPraxair operates over 50 hydrogen production facilities and six hydrogen pipeline systems worldwide. Globally, refinery and chemical customers benefit from Praxair’s comprehensive portfolio of large-volume industrial gases, cylinder gases and specialized technologies, services and supply reliability.
