Linde Group to build and operate two large air separation plants to Yantai Wanhua

02-Aug-11

The Linde Group has been commissioned to build and operate two large air separation plants to supply gases on site to the Chinese company Yantai Wanhua in Shandong (East China). The contract for the project, which will involve investment of around EUR 130 million, was signed on July 26, 2011. "We are very excited to be working with Wanhua in this project and further enhancing our strategic relationship with a company that is truly taking the lead in advancing the technological ladder in China and globally. This order is also a further confirmation of our successful expansion in a region of dynamic growth," said Sanjiv Lamba, the Linde AG Executive Board member responsible for the Asian business of the group. "This project will enable us to strengthen our position as the leading gases and engineering company in China." The two plants, which are to be built by Linde's Engineering Division, each have a capacity of 55,000 normal cubic metres of oxygen per hour. They are expected to come on stream between end 2013 and at the start of 2014, when they will supply oxygen and nitrogen to Yantai Wanhua's production plants. In addition, Linde will produce liquefied products for the open market in the Shandong region. The project includes the construction of a 20 km pipeline in the Yantai Economic and Technology Park.