Alternative Power sources - Hydrogen Seller to Build Facility at Chevron Plant

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Hydrogen Seller to Build Facility at Chevron Plant

lkgeo1

2006-11-08, 9:25 am

Hydrogen Seller to Build Facility at Chevron Plant
>From Bloomberg News
October 12, 2006

Industrial gas producer Praxair Inc. said it would build a hydrogen
facility at Chevron Corp.'s Richmond, Calif., refinery amid rising
demand for low-sulfur fuels.

The facility will supply hydrogen to Chevron over a 15-year period,
Danbury, Conn.-based Praxair said. The company said it also would build
a pipeline network to supply hydrogen to other refineries in Northern
California.

Sales of hydrogen, used by oil refiners to remove sulfur from fuels,
will climb to $3 billion in 2014 from $790 million last year, aided by
a Northern California expansion, Praxair said this year.

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