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 pi霉 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 capacit脿 di oltre tre miliardi di piedi cubi, rappresenta la terza cavit脿 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 猫 destinata a servire industrie critiche come l'aerospaziale, l'elettronica, la sanit脿 e la manifattura. Lo sviluppo 猫 supportato da Sixth Street e segna la terza cavit脿 di Caliche nel complesso Golden Triangle Storage.
Caliche Development Partners ha iniciado operaciones del mayor dep贸sito de almacenamiento de helio del mundo en asociaci贸n con Linde (NASDAQ: LIN) en su complejo Golden Triangle Storage en Beaumont, Texas. La instalaci贸n, con una capacidad de m谩s de tres mil millones de pies c煤bicos, representa la tercera caverna de almacenamiento de helio a nivel mundial y la segunda en Estados Unidos.
El proyecto gener贸 aproximadamente 65 empleos en construcci贸n y dos puestos permanentes. La instalaci贸n busca atender industrias cr铆ticas como la aeroespacial, electr贸nica, 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.
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鞚� 頂勲鞝濏姼电� 鞎� 65臧滌潣 瓯挫劋 鞚检瀽毽�鞕赌 霊� 臧滌潣 靸侁芳歆�鞚� 彀届稖頄堨姷雼堧嫟. 鞚� 鞁滌劋鞚� 頃车鞖办＜, 鞝勳瀽, 鞚橂, 鞝滌“ 霌� 欷戩殧頃� 靷办梾鞚� 歆�鞗愴晿电� 瓴冹潉 氇╉憸搿� 頃╇媹雼�. 鞚� 臧滊皽鞚� Sixth Street鞚� 歆�鞗愳潉 氚涭溂氅�, Caliche臧� Golden Triangle Storage 雼鞐� 靹胳毚 靹� 氩堨Ц 霃欔荡鞛呺媹雼�.
Caliche Development Partners a lanc茅 les op茅rations de la plus grande cavit茅 de stockage d'h茅lium au monde en partenariat avec Linde (NASDAQ : LIN) sur son complexe Golden Triangle Storage 脿 Beaumont, Texas. L'installation, d'une capacit茅 de plus de trois milliards de pieds cubes, repr茅sente la troisi猫me cavit茅 de stockage d'h茅lium au niveau mondial et la deuxi猫me aux 脡tats-Unis.
Le projet a cr茅茅 environ 65 emplois dans la construction et deux postes permanents. L'installation vise 脿 desservir des industries critiques telles que l'a茅rospatiale, l'茅lectronique, la sant茅 et la fabrication. Ce d茅veloppement est soutenu par Sixth Street et constitue la troisi猫me cavit茅 de Caliche dans le complexe Golden Triangle Storage.
Caliche Development Partners hat in Zusammenarbeit mit Linde (NASDAQ: LIN) den Betrieb der weltweit gr枚脽ten Helium-Speicherkaverne im Golden Triangle Storage-Komplex in Beaumont, Texas, aufgenommen. Die Anlage hat eine Kapazit盲t von 眉ber drei Milliarden Kubikfu脽 und stellt die dritte Helium-Speicherkaverne weltweit sowie die zweite in den Vereinigten Staaten dar.
Das Projekt schuf etwa 65 Arbeitspl盲tze 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 unterst眉tzt 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.聽 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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