… Forms Joint Venture in Abu Dhabi

Linde says it has formed an industrial gases production joint venture with Abu Dhabi National Oil Corp. (Adnoc; Abu Dhabi). The jv, Elixier, in which Adnoc will have a 51% share and Linde 49%, will invest $65 million in a first phase to build an air separation plant at Ruwais, Abu Dhabi. The plant will supply nitrogen from the end of 2009 to industrial customers at Ruwais, and produce liquefied nitrogen and...

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