Air Liquide Investment Supports Steel Industry

Air Liquide has entered into a long-term agreement to supply oxygen, nitrogen, and argon to HYUNDAI-POSCO Louisiana LLC (HPLS) for its new low-carbon emissions steel facility in Louisiana. Due to this new infrastructure, the group supports the development of localized, low-carbon production of critical materials for the U.S. market. This partnership underscores Air Liquide's ability to accompany its customers in their global expansion, while contributing to the reshoring of America's industry.

To support this partnership, Air Liquide will invest over $350 million to expand its production with an additional Air Separation Unit (ASU) in St. James Parish at the existing Koch Methanol facility, as well as network infrastructures along the Mississippi River, further strengthening its industrial footprint and leadership in the region.

This strategic partnership marks Air Liquide's first major agreement with HPLS in the United States, supporting its global expansion. By building and integrating high-efficiency gas supply solutions, Air Liquide helps ensure the industrial gases volumes essential for HPLS's low-carbon steel production goals are met with reliability. This project will also support additional methanol production at the Koch Methanol St. James facility under its Optimization Project, which is already underway.

Supporting the transition to low-carbon emission manufacturing, Air Liquide provides a high-efficiency supply model designed for scalability and seamless integration with advanced sustainable technologies. Its extensive pipeline infrastructure helps ensure the operational flexibility required for this next-generation facility, with supply expected to commence in 2028.

Matthieu Giard, Group Executive Committee member, notably in charge of supervising operations in the Americas, said: "This partnership with HPLS reflects Air Liquide's commitment to supporting industrial decarbonization in the U.S. By leveraging our extensive Mississippi River infrastructure and high-efficiency technologies, we are delivering solutions that ensure both superior reliability and the flexibility required for HPLS's pioneering green steel production."

For more information contact:

Air Liquide

usa.airliquide.com

HYUNDAI-POSCO Louisiana

www.hyundaiposco.com