Air Liquide, a French industrial gas company, has announced an investment of up to $850 million to develop an industrial gas facility in Texas, primarily to serve ExxonMobil's low-carbon hydrogen project in Baytown. The facility will comprise four large modular air separation units aimed at producing 9,000 metric tons per day of oxygen to support hydrogen production and up to 6,500 metric tons per day of nitrogen for ammonia production and as an energy source for the export market. Alongside oxygen and nitrogen, the units will also generate substantial amounts of argon, krypton, and xenon. Air Liquide views this project as a significant milestone, potentially marking its largest industrial investment to date, pending the final investment decision. This initiative signifies a major step towards enhancing hydrogen production and utilization, highlighting the company's commitment to sustainable practices and the low-carbon economy.