The Linde Group to invest in largest air separation plant in India

EUR 85 million investment is part of a long-term gas supply contract with Tata Steel

28-Oct-2009 - India

The Linde Group announced it will build and commission a state-of-the-art 2,550 tonnes per day (tpd) air separation unit (ASU) at Tata Steel Ltd's plant in Jamshedpur, India. Once commissioned in early 2012, this will be the largest air separation plant in India and one of Linde's largest in Asia. The investment for the new ASU amounts to nearly EUR 85 million, bringing Linde's total investment in India over the last three years to approximately EUR 285 million.

The announcement follows The Linde Group's signing of a long-term contract with Tata Steel for the supply of over 4,000 tpd of gaseous oxygen, nitrogen and argon. The new ASU will cater to Tata Steel's current expansion of its world-class steel making facility in Jamshedpur. The expansion will increase the plant's steel making capacity to 10 million tonnes a year. As part of the agreement, Linde will also acquire and operate three existing ASUs owned by Tata Steel for the supply of gases to their Jamshedpur works.

"This investment, which further deepens our solid relationship with Tata, is an example of our strong commitment to India," said Dr Aldo Belloni, member of the Executive Board of Linde AG. "Our group member BOC has been operating in India for nearly 75 years. The importance of the Indian market is also reflected in our rapidly growing engineering capability in Baroda and Kolkata. Our comprehensive engineering solutions put us in a good position to meet the growing needs of steel makers, refineries and petrochemical plants in India."

In addition to meeting Tata Steel's gases requirements, the new plant will also produce liquid products to meet the growth in merchant markets throughout India.

The Linde Group currently has gas supply contracts with Tata Steel across the world meeting their gas requirements not only in India, but also in the UK and Holland. In India, Linde has a long-standing relationship with Tata Steel that spans over five decades. It currently operates two existing air separation plants supplying almost 1,500 tpd of oxygen, nitrogen and argon gases to Tata's steel making operations at Jamshedpur.

https://www.chemeurope.com/en/news/108639/the-linde-group-to-invest-in-largest-air-separation-plant-in-india.html