Air Liquide Announces $160 Million Upgrade Plan to Aid Eastman Expansion

Air Liquide announces a long-term supply agreement with Eastman Chemical Company to provide additional gaseous oxygen, nitrogen and syngas supporting Eastman’s growth and production in Longview, Texas. Air Liquide will invest more than 160 million U.S. dollars to modernize existing assets and build a new Air Separation Unit (ASU) and Partial Oxidation Unit (POX). With … Read more Air Liquide Announces $160 Million Upgrade Plan to Aid Eastman Expansion

Linde India Reported 50% Drop in YoY Sales for Q2 CY2020

Linde India Ltd., an Indian subsidiary of industrial gas manufacturer Linde Plc announced its results for the second quarter ended June 30, 2020. CY 2020 Q2 Results- QoQ The company’s net profit declined 49.3% to Rs 19.80 crores ($2.6 million) for the period ended June 30, 2020 as against net profit of Rs 39.03 crores … Read more Linde India Reported 50% Drop in YoY Sales for Q2 CY2020

Air Liquide to Acquire 16 ASUs from Sasol for $510 million

Sasol Ltd. has signed an exclusive negotiation agreement for Air Liquide to acquire the biggest oxygen-production site in the world located in Secunda in South Africa. The agreement is in line with Sasol’s plan to reduce its emissions of CO2. In this context, Air Liquide would operate the 16 air separation units (ASU) of this … Read more Air Liquide to Acquire 16 ASUs from Sasol for $510 million

Linde Signs MoU with China Power to Develop Green Hydrogen Energy

Linde announced that it has signed a Memorandum of Understanding (MoU) with Beijing Green Hydrogen Technology Development Co., Ltd., a subsidiary of China Power International Development Ltd., to jointly promote the application and development of green hydrogen in China. Under the terms of the MoU both companies will collaborate on a variety of green hydrogen … Read more Linde Signs MoU with China Power to Develop Green Hydrogen Energy

Air Liquide to Invest $114M in NLMK’s Site in Russia

Air Liquide, a French industrial gas producer entered a new long-term partnership with Russian steel producer NLMK to construct a state-of-the-art air separation unit (ASU).  Under the agreement, Air Liquide will make an investment of nearly €100 million ($114 million) in NLMK’s flagship site in Lipetsk, Russia.  In addition, it will build an air separation … Read more Air Liquide to Invest $114M in NLMK’s Site in Russia

Air Liquide to Invest $100M for Gas Supply to SDI in Texas

Air Liquide has signed a long-term agreement with Steel Dynamics, Inc. (SDI), one of the largest steel producers and metals recyclers in the United States, to supply gaseous oxygen, nitrogen, and argon to SDI’s new Electric Arc Furnace (EAF) steel mill in Sinton, Texas. To support the new agreement, Air Liquide plans to invest over … Read more Air Liquide to Invest $100M for Gas Supply to SDI in Texas

Air Products Plans $5 Billion Green Ammonia Plant in Saudi Arabia

Air Products on Tuesday announced an agreement for $5 billion green hydrogen-based ammonia production facility that will be powered by renewable energy. The project will be equally owned by Air Products, ACWA Power of Saudi Arabia and NEOM. NEOM is a new model for sustainable living located in the North West corner of the Kingdom … Read more Air Products Plans $5 Billion Green Ammonia Plant in Saudi Arabia

Air Products to Invest $2 Billion for Coal-to-Methanol Project in Indonesia

Air Products announced on Thursday it has signed a definitive agreement for a long-term on-site contract for a world-scale coal-to-methanol production facility in Bengalon, East Kalimantan, Indonesia. Under the long-term on-site contract, PT. Bakrie Capital Indonesia, part of the Bakrie Group, and PT. Ithaca Resources, part of the PT. AP Investment, will supply the coal … Read more Air Products to Invest $2 Billion for Coal-to-Methanol Project in Indonesia

Linde Signs Long-term Agreement with Indian Oil Corporation Limited

Linde announced it has leveraged its broad technology portfolio to sign a new contract with India’s largest refiner Indian Oil Corporation Limited (IOCL).  Praxair India Private Limited, a wholly owned subsidiary of Linde, will build, own and operate an air separation unit (ASU) to supply oxygen and nitrogen to its incumbent customer, IOCL, for its … Read more Linde Signs Long-term Agreement with Indian Oil Corporation Limited

Air Products Qudra Breaks Ground for Industrial Gases Hub in Saudi Arabia

Air Products Qudra, in collaboration with the Royal Commission for Jubail and Yanbu, held a ceremonial groundbreaking to mark the start of work in building a world-class, fully-integrated industrial gases hub in the Jubail Industrial City. The significant investment by Air Products Qudra involves building, owning and operating a world-scale steam methane reformer (SMR) to … Read more Air Products Qudra Breaks Ground for Industrial Gases Hub in Saudi Arabia

Linde Starts Up New Air Separation Unit at Freeport, Texas

Linde PLC announced it has commissioned a new air separation unit (ASU) in Freeport, Texas, as part of a long-term agreement to supply MEGlobal Americas Inc.’s new monoethylene glycol (MEG) plant at Oyster Creek petrochemical complex in Freeport. The new ASU will supply oxygen and nitrogen to MEGlobal Oyster Creek for use in its MEG … Read more Linde Starts Up New Air Separation Unit at Freeport, Texas

Linde Starts Up New Air Separation Unit in Florida

Linde announced it has started up a new Air Separation Unit (ASU) effectively doubling the production capacity of its existing plant at Mims, Florida. “The expansion is in response to rapidly growing contracted demand for space launch activity,” the company said in its statement. The new plant will increase production to more than 500 tons … Read more Linde Starts Up New Air Separation Unit in Florida

Air Liquide in Exclusive Talks with Messer to Sell its Entities in Czech Republic and Slovakia

Air Liquide announced on Tuesday that it has entered into exclusive negotiations, with Messer, regarding the divestment of its entities in Czech Republic and Slovakia. Air Liquide started operating in Slovakia in 2000 and Czech Republic in 2001. Today, both locations total 53 employees, with office locations in Prague and Trnava. This decision illustrates Air … Read more Air Liquide in Exclusive Talks with Messer to Sell its Entities in Czech Republic and Slovakia

Air Liquide is Exploring the Possible Sale of Schülke

Air Liquide said it was examining the possible sale of its German unit Schuelke. The Group intends to continue to develop its healthcare activities, while providing schülke with the best opportunities for its long-term development. “Being at the very preliminary stage of this process, different scenarios are being reviewed and no assurance can be given … Read more Air Liquide is Exploring the Possible Sale of Schülke

Air Products Signs MOU to Establish Industrial Gas Production Facilities in Saudi Arabia

Air Products Qudra and Royal Commission for Jubail and Yanbu signed a Memorandum of Understanding (MOU) to establish world-class industrial gas production facilities and distribution networks in the industrial cities of Royal Commission. The MOU sets preliminary framework details for Air Products Qudra to establish a hydrogen fueling economy in the Kingdom, achieve higher values … Read more Air Products Signs MOU to Establish Industrial Gas Production Facilities in Saudi Arabia

Air Products to form $11.5bn JV

Air Products has confirmed that it is in final negotiations to form a joint venture with Saudi Aramco, ACWA Power and Air Products Qudra to acquire the gasification, power and industrial gas assets at Jazan Economic City, representing a total investment value of about $11.5 billion. Air Products’ confirmation follows an announcement made on Tuesday … Read more Air Products to form $11.5bn JV

Air Products to Form JV with Debang Group to Operate Syngas Project in China

Air Products announced a new joint venture (JV) with Debang Xinghua Technology Co., Ltd., a subsidiary of Jiangsu Debang Chemical Industrial Group Co., Ltd., to build, own and operate a coal-to-syngas processing facility in Xuwei National Petrochemical Park, Lianyungang City, Jiangsu Province, China.   Air Products will own 80 percent of the JV, and Debang Group will own 20 percent. The JV will own and operate … Read more Air Products to Form JV with Debang Group to Operate Syngas Project in China

Air Products Awarded Contract to Supply POSCO Chemical’s Manufacturing Site

Air Products announced it has been awarded a contract by POSCO Chemical to supply on-site nitrogen to a new anode material manufacturing site being built in Sejong, South Korea. POSCO Chemical is an affiliate of POSCO Group, the largest integrated steelmaker in Korea and one of the largest in the world. “We are honored to … Read more Air Products Awarded Contract to Supply POSCO Chemical’s Manufacturing Site

Air Liquide Signs $140M Supply Agreement with ExxonMobil-Sabic JV and will Build New ASU

Air Liquide has signed a long-term agreement with Gulf Coast Growth Ventures (GCGV), a 50/50 joint venture between ExxonMobil and SABIC, to supply oxygen and nitrogen from its industrial gas pipeline network to GCGV’s planned ethane cracker facility located near Corpus Christi, in Texas. To support the new agreement and additional volumes, Air Liquide plans … Read more Air Liquide Signs $140M Supply Agreement with ExxonMobil-Sabic JV and will Build New ASU

Linde signs long-term supply agreement with ExxonMobil

Linde announced that it has signed a long-term agreement with ExxonMobil Asia Pacific Pte. Ltd. to support the latest multi-billion dollar expansion of the company’s integrated manufacturing complex in Singapore. This will be the single largest sale of gas contract in the history of the newly merged Linde and of its legacy companies. Linde will … Read more Linde signs long-term supply agreement with ExxonMobil