BOC to Supply Hydrogen to BP and Sunoco Refineries in Toledo, Ohio; World Scale Hydrogen and Utilities Complex to Supply BP and

abarrelfullabarrelfull wrote on 12 Aug 2014 07:21
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Oct. 13, 2004

BOC (NYSE:BOX), a leading supplier of hydrogen and other gases to the global refining industry, will build a world scale hydrogen and utilities complex to supply BP and Sunoco oil refineries in Toledo, Ohio.

The complex will be capable of supplying over 120 million standard cubic feet a day of hydrogen (H2) to the Sunoco and BP refineries and to other potential customers in the region. BOC will also provide steam to the Sunoco refinery from the facility, which will be located at the Sunoco refinery.

“BOC was able to develop the most efficient hydrogen production and supply options for each refinery”

BOC is investing more than $100 million in the facility, subject to a favorable outcome of certain tax incentive considerations, which are anticipated to be finalized in the next two months. With the current schedule, construction is scheduled to start in November and the project is expected to be completed in the fourth quarter of 2005. BOC's partner for engineering and constructing the facility is LindeBOC Process Plants of Tulsa, Oklahoma.

The complex will provide Sunoco and BP with a highly reliable and cost-effective source of hydrogen to enable the refineries to meet their production requirements for cleaner burning, ultra-low sulfur gasoline and diesel fuels. These fuels will meet or exceed the standard set by the U.S. Environmental Protection Agency's Tier 2 clean fuels regulation.

"BOC was able to develop the most efficient hydrogen production and supply options for each refinery," said Alan Iantosca, global vice president, BOC Process Systems. "BOC is dedicated to investing in projects like Toledo and in others around the world that promote the development of the cleaner burning, hydrogen-rich fuels of the future and that make best use of our natural resources."

"BOC already owns and operates the largest hydrogen utility supply schemes in Asia, South America and the United Kingdom. The Toledo initiative brings BOC's total investments in the global oil and gas industry to more than US$ 350 million over the last 18 months and builds on BOC's significant presence in Ohio and the U.S. Midwestern states," Iantosca said.

Kent Masters, president, BOC Process Gas Solutions, Americas, said, "We are delighted to expand our long-standing relationships with both BP and Sunoco. We work closely with BP on three continents and have supplied Sunoco in the greater Philadelphia area for many years to facilitate the efficient and safe production of both companies' chemicals and refinery products."

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