Oct 29 2008
The technology group The Linde Group has signed a further long-term on-site supply contract for industrial gases with the Hungarian chemical company BorsodChem Zrt. The agreement involves the construction of a new air separation unit (ASU) at BorsodChem's Kacinzbarcika site in north-eastern Hungary for around EUR 26 million.
"This agreement seals the long-term future of our relationship with one of our largest customers in Europe," said Dr Aldo Belloni, member of the Executive Board of Linde AG. "Moreover, this investment confirms our leading position in this key market in Eastern Europe."
The new air separation plant is due to come on stream in November 2010. It will supply BorsodChem in Kazincbarcika by pipeline with up to 7,000 cubic metres of gaseous oxygen and nitrogen per hour. The plant is also expected to produce liquefied oxygen, nitrogen and argon for the merchant market.
With this new investment, Linde operates two ASUs for the supply of air gases and three steam reformers for the supply of gaseous hydrogen and carbon monoxide to BorsodChem Zrt at Kazincbarcika. Linde's total investment at this site exceeds EUR 200 million.