DGAP-News: Linde AG / Key word(s): Contract
Linde AG: Linde to deliver two hydrogen plants to Russia
11.02.2014 / 09:00
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Linde to deliver two hydrogen plants to Russia
- Contract value: around EUR 120 million
- Plants will be used for heavy residue conversion at the Nizhnekamsk
refinery site
Munich, 11 February 2014 - Technology company The Linde Group has recently
signed an engineering and procurement contract for two hydrogen plants in
Nizhnekamsk, Republic of Tatarstan, Russian Federation. The contract was
awarded by PSC TAIF-NK, a leader in the oil refining industry in Tatarstan.
The contract is worth around EUR 120 million.
'We are delighted to have the opportunity to cooperate with PSC TAIF-NK and
bring in our in-depth expertise in hydrogen technology,' said Professor Dr
Aldo Belloni, Member of the Executive Board of Linde AG. 'We are confident
that this agreement will lead to further key contracts for our gases and
engineering business in this important Eastern European growth market.'
Linde will be responsible for basic and detail engineering, procurement and
supply of equipment and materials.
The two new hydrogen plants, each with a capacity of around 110,000 normal
cubic metres per hour (Nm3/h), will supply high purity hydrogen to the
heavy residue conversion complex at the Nizhnekamsk refinery site. The new
hydrogen plants are planned to be delivered by the end of 2015.
PSC TAIF-NK operates the largest refinery in Tatarstan, including a
gasoline plant and gas condensate processing plant.
The Linde Group is a world leading gases and engineering company with
around 63,000 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. Linde 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
Phone: +49.89.35757-1320 Phone: +49.89.35757-1334
Dr Thomas Hagn Lisa Tilmann
Phone: +49.89.35757-1323 Phone: 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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251914 11.02.2014
DGAP-News: Linde AG: Linde to deliver two hydrogen plants to Russia
| Source: EQS Group AG