DGAP-News: Linde AG / Key word(s): Contract
Linde AG: Linde to build six major air separation units in China
11.03.2013 / 08:30
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Linde to build six major air separation units in China
Munich, 11 March 2013 - The technology company The Linde Group will build
six major air separation units for Shenhua Ningxia Coal Industry Group Co.
Ltd. and Shenhua Logistics Group Co. Ltd. in Yinchuan in the Ningxia Hui
Autonomous Region in Northwest China. The companies recently signed a
contract to this effect. Shenhua Ningxia is a member of Shenhua Group Co.
Ltd., the largest coal chemical company in China.
'We are delighted to start cooperating with Shenhua Group and contribute
our in-depth expertise in air separation technology,' said Prof. Dr Aldo
Belloni, Member of the Executive Board of Linde AG. 'The project further
strengthens our position as a leading gases and engineering company in
China.'
The air separation units will each supply around 100,000 normal cubic
metres of gaseous oxygen per hour (Nm³/h) to Shenhua Ningxia's
Coal-to-Liquid (CTL) complex at Ningdong Energy Chemical Base. The oxygen
will be used for the production of 4 million tons of CTL - mainly liquid
fuels derived from coal - per year, making this one of the largest
Coal-to-Liquid projects worldwide.
Linde will be responsible for the engineering, supply of machinery and
equipment, supervision services at the job site, turnkey supply of the cold
boxes and training the buyer's personnel. The air separation units are
scheduled to go on stream in 2015.
The Linde Group is a world-leading gases and engineering company with
around 62,000 employees in more than 100 countries worldwide. In the 2012
financial year, Linde generated revenue of EUR 15.280 bn. The strategy of
the Group is geared towards long-term profitable growth and focuses on the
expansion of its international business with forward-looking products and
services. Linde acts responsibly towards its shareholders, business
partners, employees, society and the environment - in every one of its
business areas, regions and locations across the globe. The company is
committed to technologies and products that unite the goals of customer
value and sustainable development.
For more information, see The Linde Group online at www.linde.com.
Further information:
<pre>
Media Relations Investor Relations
Uwe Wolfinger Dr Dominik Heger
Telephone: +49.89.35757-1320 Telephone: +49.89.35757-1334
Dr Thomas Hagn Lisa Tilmann
Telephone: +49.89.35757-1323 Telephone: +49.89.35757-1328
</pre>
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Language: English
Company: Linde AG
KlosterhofstraÃe 1
80331 München
Germany
Phone: +49.89.35757-01
Fax: +49.89.35757-1075
E-mail: info@linde.com
Internet: www.linde.de
ISIN: DE0006483001
WKN: 648300
Indices: DAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München, Stuttgart; Freiverkehr in
Hannover; Terminbörse EUREX; SIX
End of News DGAP News-Service
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DGAP-News: Linde AG: Linde to build six major air separation units in China
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