Linde builds large hydrogen and synthesis gas plant in China
Investment value: around EUR 200 million
The technology company The Linde Group will build and operate a large hydrogen and synthesis gas plant in the Chongqing Chemical Park in Western China in a joint enterprise with Chongqing Chemical & Pharmaceutical Holding Company (CCPHC). The project has a total investment value of around EUR 200 million. Linde holds 60 percent of the shares in the joint enterprise with CCPHC.
In future, the new on-site plant will provide the production facilities of BASF and CCPHC based in Chongqing with carbon monoxide, hydrogen and synthesis gas.
“We look forward to jointly supporting the expansion of the developing chemical cluster Chongqing with our partner CCPHC,” said Sanjiv Lamba, member of the Executive Board of Linde AG and responsible for the company’s business in Asia.“ As a result of this project, we will further strengthen our position as the leading gases and engineering company in the growth market China.”
The new plant, which will be supplied by Linde’s Engineering Division, is expected to come on stream in the third quarter of 2014.
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