Linde builds industrial-scale air separation plant in Kazakhstan
EUR 95 million investment under umbrella of long-term gas supply contract with JSC ArcelorMittal in Temirtau
"This investment gives us a successful foothold in Kazakhstan's emerging economy. Kazakhstan is a country that has around 40 billion barrels of proven oil reserves," says Dr Aldo Belloni, Member of the Executive Board of Linde AG. "We are particularly pleased to partner with such a long-standing, well-established customer as ArcelorMittal in the move to further expand our reach in Eastern Europe and Central Asia. At several locations in Germany and Eastern Europe, we already supply ArcelorMittal with various gases."
Under the umbrella of this collaborative venture, Linde signed a long-term contract with JSC ArcelorMittal Temirtau to supply the Temirtau steelworks with oxygen and nitrogen gas. The new plant to be built by Linde will also supply liquefied oxygen, nitrogen and argon to the merchant market in Kazakhstan. Target customers in central and southern Kazakhstan are mainly concentrated in the steel and manufacturing industries. The new plant will also supply customers specialised in oil and gas in western Kazakhstan. Linde's Engineering Division is responsible for constructing the plant. Once it goes on stream, it will be operated by the local Linde Gas company. The new facility will partly replace existing air separators which ArcelorMittal operates itself.
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