CALICHE DEVELOPMENT PARTNERS PUTS WORLD'S LARGEST HELIUM SALT CAVERN IN SERVICE WITH LONG-TERM LINDE CONTRACT
Caliche Development Partners has launched operations of the world's largest helium storage cavern in partnership with Linde (NASDAQ: LIN) at its Golden Triangle Storage complex in Beaumont, Texas. The facility, with a capacity of over three billion cubic feet, represents the third helium storage cavern globally and the second in the United States.
The project created approximately 65 construction jobs and two permanent positions. The facility aims to serve critical industries including aerospace, electronics, healthcare, and manufacturing. The development is backed by Sixth Street and marks Caliche's third cavern at the Golden Triangle Storage complex.
Caliche Development Partners ha avviato le operazioni del più grande giacimento di stoccaggio di elio al mondo in collaborazione con Linde (NASDAQ: LIN) presso il suo complesso Golden Triangle Storage a Beaumont, Texas. La struttura, con una capacità di oltre tre miliardi di piedi cubi, rappresenta la terza cavità di stoccaggio di elio a livello globale e la seconda negli Stati Uniti.
Il progetto ha creato circa 65 posti di lavoro nel settore delle costruzioni e due posizioni permanenti. La struttura è destinata a servire industrie critiche come l'aerospaziale, l'elettronica, la sanità e la manifattura. Lo sviluppo è supportato da Sixth Street e segna la terza cavità di Caliche nel complesso Golden Triangle Storage.
Caliche Development Partners ha iniciado operaciones del mayor depósito de almacenamiento de helio del mundo en asociación con Linde (NASDAQ: LIN) en su complejo Golden Triangle Storage en Beaumont, Texas. La instalación, con una capacidad de más de tres mil millones de pies cúbicos, representa la tercera caverna de almacenamiento de helio a nivel mundial y la segunda en Estados Unidos.
El proyecto generó aproximadamente 65 empleos en construcción y dos puestos permanentes. La instalación busca atender industrias críticas como la aeroespacial, electrónica, salud y manufactura. El desarrollo cuenta con el respaldo de Sixth Street y marca la tercera caverna de Caliche en el complejo Golden Triangle Storage.
Caliche Development Partners는 Linde (NASDAQ: LIN)와 협력하여 텍사스 비모트에 위치한 Golden Triangle Storage 단지에서 세계 최대의 헬륨 저장 동굴 운영을 시작했습니다. 이 시설은 30억 입방피트 이상의 저장 용량을 갖추고 있으며, 전 세계에서 세 번째, 미국 내에서는 두 번째 헬륨 저장 동굴입니다.
이 프로젝트는 약 65개의 건설 일자리와 두 개의 상근직을 창출했습니다. 이 시설은 항공우주, 전자, 의료, 제조 등 중요한 산업을 지원하는 것을 목표로 합니다. 이 개발은 Sixth Street의 지원을 받으며, Caliche가 Golden Triangle Storage 단지에 세운 세 번째 동굴입니다.
Caliche Development Partners a lancé les opérations de la plus grande cavité de stockage d'hélium au monde en partenariat avec Linde (NASDAQ : LIN) sur son complexe Golden Triangle Storage à Beaumont, Texas. L'installation, d'une capacité de plus de trois milliards de pieds cubes, représente la troisième cavité de stockage d'hélium au niveau mondial et la deuxième aux États-Unis.
Le projet a créé environ 65 emplois dans la construction et deux postes permanents. L'installation vise à desservir des industries critiques telles que l'aérospatiale, l'électronique, la santé et la fabrication. Ce développement est soutenu par Sixth Street et constitue la troisième cavité de Caliche dans le complexe Golden Triangle Storage.
Caliche Development Partners hat in Zusammenarbeit mit Linde (NASDAQ: LIN) den Betrieb der weltweit größten Helium-Speicherkaverne im Golden Triangle Storage-Komplex in Beaumont, Texas, aufgenommen. Die Anlage hat eine Kapazität von über drei Milliarden Kubikfuß und stellt die dritte Helium-Speicherkaverne weltweit sowie die zweite in den Vereinigten Staaten dar.
Das Projekt schuf etwa 65 Arbeitsplätze im Bauwesen und zwei feste Stellen. Die Anlage soll kritische Branchen wie Luft- und Raumfahrt, Elektronik, Gesundheitswesen und Fertigung bedienen. Die Entwicklung wird von Sixth Street unterstützt und markiert Caliches dritte Kaverne im Golden Triangle Storage-Komplex.
- None.
- Limited job creation with only 2 permanent positions
- High concentration risk with single storage facility
Insights
Linde secures critical helium storage capacity in world's largest salt cavern, strengthening supply chain resilience and market position.
This development represents a significant strategic advantage for Linde in the industrial gas market. Securing dedicated storage in the world's largest helium salt cavern (over three billion cubic feet capacity) addresses a critical vulnerability in helium supply chains. Helium, unlike most industrial gases, cannot be manufactured - it must be extracted from natural gas reserves where it occurs in trace amounts, making storage infrastructure extraordinarily valuable.
The timing is particularly relevant as global helium markets have faced significant volatility in recent years. Major supply disruptions occurred when the US Bureau of Land Management's Federal Helium Reserve in Texas began phasing out operations, and geopolitical tensions affected access to Russia's Amur helium plant. By contracting long-term storage capacity, Linde gains enhanced ability to manage inventory during supply disruptions and potentially capitalize on price fluctuations.
For context, helium is irreplaceable in multiple high-tech applications including MRI machines, semiconductor manufacturing, and aerospace. The storage facility's location in Beaumont, TX provides Linde with strategic logistics advantages - proximity to Gulf Coast ports for international shipments and access to domestic distribution networks. This infrastructure investment suggests Linde is strengthening its position in high-value industrial gas segments where supply chain resilience creates competitive differentiation.
"With the help of our sponsor, Sixth Street, we are excited to put our third cavern at Golden Triangle Storage in service. We believe the helium storage should have a lasting impact on the
About Caliche
Caliche, in partnership with sponsor Sixth Street, is an acquisition and development company focused on the underground storage of natural gas, industrial gases like hydrogen and helium, and carbon sequestration. The
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SOURCE Caliche Development Partners III
FAQ
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