en.Wedoany.com Reported - Air Liquide plans to invest over $350 million in Louisiana, USA, to expand industrial gas production and infrastructure. This project aims to support the low-carbon steel production facility of HPLS (Hyundai POSCO Louisiana Steel) while fostering the development of emerging manufacturing industries along the Mississippi River.

Michael Hecht, President and CEO of Greater New Orleans, Inc., stated: "St. James Parish is becoming a hotspot for advanced industrial investment in the United States. As a key industrial gas supplier, Air Liquide's expansion highlights the region's importance in the global economy. GNO Inc. assisted in coordinating labor and infrastructure, laying the groundwork for the continued growth of businesses."

Air Liquide will add an air separation unit (ASU) at the Koch Methanol plant in St. James Parish and upgrade the pipeline network along the Mississippi River. These enhancements will supply oxygen, nitrogen, and argon to HPLS for steel manufacturing while improving the operational efficiency and capacity of existing facilities.

Louisiana Governor Jeff Landry noted: "Air Liquide's investment demonstrates that Louisiana is an ideal location for business growth and competitiveness. The company is a long-standing and important partner in our state, and we are pleased to see its continued expansion here. We will work to ensure businesses can act quickly, invest, and create more opportunities for local residents."

Air Liquide has been operating in Louisiana for over 60 years, with cumulative investments exceeding $470 million in recent years. The company has more than 35 sites in the state, employs over 500 people, and manages a 500-mile pipeline system supporting several key industries.

Matthieu Giard, a member of Air Liquide's Executive Committee, emphasized: "The collaboration with HPLS reflects our commitment to supporting the decarbonization of American industry. By leveraging our infrastructure along the Mississippi River and efficient technologies, we provide reliable and flexible solutions to help HPLS achieve its green steel production goals."

The project is expected to commence commercial operations in 2028.

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