Linde Starts Up New ASUs to Supply Wanhua Chemical Group in China

Rhea-AI Summary

Linde has successfully initiated operations at two new air separation units (ASUs) to supply oxygen and nitrogen to Wanhua Chemical Group, the largest global producer of isocyanate (MDI). This expansion enhances their existing facilities in Yantai, China, contributing to improved energy efficiency and operational flexibility. The collaboration marks a significant milestone in their partnership, highlighting Linde's reliability and commitment to supporting Wanhua's global growth. In 2020, Linde reported sales of $27 billion, underscoring its position as a leader in the industrial gases sector.

Positive

• Successful start-up of two new ASUs, enhancing supply capabilities for Wanhua Chemical.
• Increased operational efficiency and reliability expected from the new plants.
• Strengthened partnership with Wanhua Chemical, promoting future growth opportunities.

Negative

• None.

GUILDFORD, UK / ACCESSWIRE / February 11, 2021 / Linde (NYSE: LIN; FWB: LIN) has successfully started up two new air separation units (ASUs) to supply gaseous oxygen and nitrogen to Wanhua Chemical Group, the world's largest producer of isocyanate (MDI).

The new plants join two existing ASUs, also built and operated by Linde, to support phase I and II of Wanhua Chemical's integrated chemical site and production center in Yantai, China. Linde's advanced technology and operational expertise will enable all four ASUs to run at a greater scale and achieve synergies through improved energy efficiency and operational flexibility, resulting in higher reliability and lower venting of the plants.

"The safe and timely start-up of these ASUs is the latest milestone in our long-standing global partnership with Wanhua Chemical Group, spanning Asia and Europe," said Will Li, Head of Greater China, Linde. "We look forward to growing our partnership from strength to strength as Wanhua Chemical continues to expand its footprint across the world."

"As the leading supplier to all three of our production sites across the world, Linde has displayed a proven track record of safety and reliability, and a commitment to our mutual success," said Mr Liao Zengtai, Chairman of the Board, Wanhua Chemical. "The latest successful start-up is yet another strong validation of our decision to select Linde as our industrial gas partner for global growth."

About Linde

Linde is a leading global industrial gases and engineering company with 2020 sales of $27 billion (€24 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

For more information about the company and its products and services, please visit www.linde.com.

Contacts:
Investor Relations Juan Pelaez Phone: +1 203 837 2213 Email: juan.pelaez@linde.com	Media Relations Anna Davies Phone: +44 1483 244705 Email: anna.davies@linde.com

SOURCE: Linde plc

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FAQ

What is the significance of Linde's new ASUs for Wanhua Chemical Group?

The new ASUs enhance Linde's supply capabilities of oxygen and nitrogen for Wanhua Chemical Group, supporting their operations and growth.

How do the new ASUs improve energy efficiency?

The new ASUs are designed to operate at a larger scale, enabling synergies that lead to improved energy efficiency and operational flexibility.

What were Linde's sales figures for 2020?

Linde reported sales of $27 billion in 2020, reflecting its position as a leading global industrial gases company.

When did Linde start the new air separation units?

The new air separation units were successfully started on February 11, 2021.

What is Linde's partnership history with Wanhua Chemical Group?

Linde has a long-standing partnership with Wanhua Chemical Group, supporting their production sites across Asia and Europe.