Air Liquide, in a strategic partnership with ExxonMobil, is set to invest $850 million in building, owning, and operating four Large Modular Air separation units in Baytown, TX. This move is part of a long-term agreement to support ExxonMobil's low-carbon hydrogen project. The initiative aims to increase oxygen production capacity by 50%, reduce the CO2 footprint by two-thirds, and produce significant volumes of nitrogen to support low-carbon hydrogen and ammonia synthesis. By leveraging existing pipeline infrastructure and optimizing energy consumption, the project strives to contribute to decarbonization. The investment is contingent on favorable government policies, regulatory permits, and market conditions, with a focus on utilizing renewable and low-carbon electricity sources. Air Liquide's CEO highlighted the importance of this project in advancing towards a low-carbon future and strengthening the company's presence in the U.S. market. The agreement also includes provisions for producing rare gases like krypton and xenon, further enhancing Air Liquide's offering to customers. With a focus on innovation and sustainability, the project symbolizes a significant step towards a greener industrial landscape.