Linde recently announced that it has secured a long-term contract with Ningbo Wanhua Polyurethane (NWP), which is one of the fastest growing chemical companies for the production of polyurethanes in China.
Linde will supply oxygen and nitrogen to Wanhua's world-scale plants in Ningbo (China) from 2010 onwards. This involves investments of approximately USD 125 million, making it the single largest investment in Linde's history in China.
Linde Gas Ningbo (LGN), a subsidiary of Linde, will build two sets of ASUs and a new 30-kilometer long pipeline infrastructure. The plant will supply gases to Wanhua and Ningbo Steel. It will also co-produce 800 tonnes per day (tpd) of liquid nitrogen, oxygen and argon for the merchant market, as well as krypton and xenon rare gases.
Once the new plant is on-stream in 2010, LGN will form the largest air gas cluster in China with a total capacity of 8,000 tpd oxygen and nitrogen and 70 km network of pipelines. |