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Linde, Dahua Sign LOI for Coal Gasification Projects in China

8:24 AM MDT | August 7, 2012 | Natasha Alperowicz

Linde and Dahua Group have signed a letter of intent (LOI) at Dalian, China, covering cooperation in gasification projects in that country. Linde will invest RMB1.1 billion ($172.7 million) to establish a joint venture to operate and manage the gasification facilities on Songmu Island, Dalian, China, under the terms of the LOI. "Our cooperation with Linde starts from the year of 1993, when Linde provided us with the first air separate unit. Over the past decades, we built up a very reliable relationship and keep growing hand in hand as strategic...

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