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Linde De-captivates Air Separation Unit And Extends Agreement With China South Steel, Member Of China Baowu Steel Group

Benzinga · Apr 23 06:08

LIN +0.95%

Linde (NASDAQ:LIN) announced today it has signed two agreements with China South Steel, a member of the 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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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