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Markets :: Industrial Gases

Linde to Supply Gases to Chinese Chemical Firm

2:22 AM MDT | March 13, 2012 | Deepti Ramesh

Linde says it has signed a deal to supply air gases to chemicals manufacturer Dahua Group (Dalian, China) and the contract covers purchase of existing air separation units (ASUs) and construction of an additional unit. Linde will invest about €70 million ($92 million) in the project. Linde will acquire Dahua's two existing ASUs at Dalian and will operate them, under the terms of the deal. Linde will also build a new ASU on site with a production capacity of 38,000 normal cu meters of oxygen/hour. The new ASU is expected to come onstream in 2014, and it will...

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