US firms setting up helium JV

October 18, 2007 – Air Products and Matheson Tri-Gas Inc. say they plan to jointly build and operate a liquid helium production plant near Big Piney, WY, processing crude helium produced as a byproduct at a local natural gas processing facility owned by Cimarex Energy Co. and Riley Ridge LLC.

The operation, slated to start production in 2009 with 200 million standard cu. ft. (~5.7M cu. m) annually and room for future expansion, will be the 10th liquid helium plant in the US and the first new US facility since 2000, and is believed to contain enough helium “to support production for decades,” the companies said in a statement.

Helium supplies in the global market remain tight, as evidence by gas suppliers’


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