Linde De-captivates Air Separation Unit and Extends Agreement with China South Steel, Member of China Baowu Steel Group [Yahoo! Finance]
Linde plc (LIN)
Last linde plc earnings: 2/13 07:10 am
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Source: Yahoo! Finance
China Baowu Steel Group Corporation, one of the world's largest steel enterprises. Linde has signed an agreement to de-captivate an air separation unit (ASU) at China South Steel's plant in Shaoguan, Guangdong Province. Linde already owns and operates five on-site ASUs to supply industrial gases to China South Steel in Shaoguan and will now de-captivate and upgrade a sixth. The agreement brings Linde's total on-site production capacity in Shaoguan to approximately 130,000 cubic meters per hour. In addition to the de-captivation, Linde has extended its long-term agreement with China South Steel for the supply of industrial gases at Shaoguan. Linde's industrial gases complex also meets demand from Linde's local merchant customers. "Linde's track record of operational excellence over the past 25 years makes it an ideal partner for the safe, efficient and reliable supply of essential industrial gases to our steel production site," said Mr. Lai Xiaomin, Member of the Party Standing C
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- 5/2/24 - Beat
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- 4/30/24 - Form 8-K
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