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Linde, Sibur sign gas supply deal; Linde to build 2 ASUs

2:22 PM MDT | June 24, 2013 | —Natasha Alperowicz

Linde and Sibur (Moscow), the largest petrochemical company in Russia, say they have signed a long-term contract under which Linde will manage the gas supply infrastructure of Sibur. Linde, as part of the deal, will invest €70 million ($92 million) to build and operate 2 air separation units (ASU) at Sibur’s Dzerzhinsk site, in Russia’s Nizhniy Novgorod region. The two on-site ASUs are expected onstream at the end of 2015. Linde will initially modernize Sibur’s four existing ASUs at Dzerzhinsk, to increase energy efficiency. Linde’s...

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