Since our landmark announcement on 9 July 2020, Shanghai LifenGas Co., Ltd. has made significant progress in Sales of Gas (SOG) partnerships with a wide range of valued customers. Our collaborative efforts have gone beyond traditional gas supply to become dynamic partnerships that meet the ever-changing needs of the market.
In the pursuit of excellence and in response to changing market demands, Shanghai LifenGas has demonstrated remarkable adaptability by continually refining its centralised argon gas recycling processes. This commitment to optimisation not only fulfils contractual obligations, but also underlines our forward-thinking approach to sustainability and cost efficiency.
As of 15 August 2024, we are proud to announce that our SOG partners have achieved remarkable milestones in argon recovery. Shanghai LifenGas has successfully recovered significant volumes of argon for our customers, resulting in significant cost savings that are in line with the dynamics of the local Liquid Argon (LAr) market. These achievements demonstrate the strength of our partnerships and our shared vision for a more sustainable and cost-effective future.
The latest data from our SOG efforts has generated excitement, revealing that Shanghai LifenGas has achieved an unprecedented total volume of argon gas recovered for our valued customers. This triumph clearly demonstrates the extraordinary effectiveness of our collaborative efforts and underscores the indispensable role of adaptability and process optimisation in navigating complex market fluctuations.
Our SOG model, which involves building dedicated gas supply facilities at our customers' project sites and seamlessly integrating them into their pipeline systems, has proven to be a game changer. This innovative approach has enabled our partners to realise the full potential of argon gas production, resulting in the accumulation of this remarkable volume.
Post time: Aug-22-2024
