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Linde Forms Industrial Gases JV with Sinopec Subsidiary in China

11:13 AM MDT | September 15, 2008 | Deepti Ramesh

Linde says its Linde Gas (Hong Kong) subsidiary has formed a joint venture with Sinopec Fujian Petrochemical Co. Ltd. (FPCL), a subsidiary of Sinopec, for the production and long-term supply of industrial gases to customers in Fujian Province, China. The jv company, Fujian Linde-FPCL Gases Co. Ltd., will be located in the Quangang Petrochemical Industrial Park at Quanzhou, Fujian and will produce and distribute argon, nitrogen, and oxygen, Linde says. FPCL and Linde Gas each have a 50% share in the jv, and the project will involve an investment of about €100...

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