Arctic O&G Directory Fall 2020: Air Liquide signs contract with customer in South Korea

Petroleum News

Air Liquide Engineering & Construction said June 10, that it has signed a new contract with POSCO, a leading steel producer in South Korea, to design and build an air separation unit which will produce oxygen, nitrogen, and argon and have a production capacity of 1,700 tonnes per day of oxygen.

The new unit will be installed at POSCO’s Pohang site in South Korea. The oxygen and argon produced will be used to transform iron into high quality steel and enable POSCO to improve efficiency of the production process.

This new air separation unit, replacing two existing units on the Pohang site, will be designed and built using Air Liquide’s best-in-class cryogenics technologies, thereby maximizing energy efficiency and reducing environmental footprint.

POSCO, as the largest integrated producer in South Korea, delivers 41 million tons of crude steel per year. Founded in 1968 and privatized in 2000, POSCO has led the Korean steel industry for more than four decades.

Air Liquide has been working with POSCO for more than 30 years and has supplied 20 air separation units to POSCO’s Pohang and Gwangyang sites.