Linde Starts Up New ASU to Support Wanhua Chemical Group Expansion

Rhea-AI Summary

Linde (NYSE:LIN) has launched a new air separation unit (ASU) to provide oxygen and nitrogen to Wanhua Chemical Group, the leading global producer of isocyanate (MDI), crucial for making high-performance adhesives and synthetic fibers. This facility expands Wanhua's Yantai Chemical Industrial Park, adding to four existing ASUs operated by Linde, enhancing production flexibility and energy efficiency. Linde's commitment to innovation supports both Wanhua's growth and other industrial demands in the region, emphasizing the company's strategic role in the chemical industry.

Positive

• Launch of new air separation unit enhances production capacity.
• Strengthens partnership with Wanhua, supporting its growth plans.
• Increases operational reliability and energy efficiency across facilities.

Negative

• None.

WOKING, UK / ACCESSWIRE / October 11, 2022 / Linde (NYSE:LIN)(FWB:LIN) today announced it has started up a new air separation unit (ASU) to supply gaseous oxygen and nitrogen to Wanhua Chemical Group (Wanhua), the world's largest producer of isocyanate (MDI), a key ingredient in the manufacture of high-performance adhesives and synthetic fibers.

The new plant joins four existing ASUs, also built, owned and operated by Linde, and completes a major expansion project for Wanhua at its integrated chemical site and production center at Yantai Chemical Industrial Park, China. Linde's advanced technology and engineering expertise means all five ASUs have the capacity to operate flexibly, resulting in higher reliability, improved energy efficiency and lower carbon emissions. Linde's Yantai Complex will also provide industrial gases to other customers within the Yantai Chemical Industrial Park.

"This start-up allows us to increase our network density and reliability in the fast-growing region of Yantai," said Will Li, President Greater China, Linde. "Furthermore, by leveraging Linde's advanced technology, which enables more flexible and efficient production of industrial gases, we can continue supporting Wanhua's growth plans, alongside other customers in the region."

About Linde

Linde is a leading global industrial gases and engineering company with 2021 sales of $31 billion (€26 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 & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. 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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https://www.accesswire.com/719848/Linde-Starts-Up-New-ASU-to-Support-Wanhua-Chemical-Group-Expansion

FAQ

What is the significance of Linde's new air separation unit for LIN?

The new air separation unit enhances Linde's operational capacity, supporting Wanhua Chemical Group's expansion and improving efficiency in the region.

When did Linde start up the new ASU for Wanhua Chemical Group?

Linde announced the start-up of the new air separation unit on October 11, 2022.

How many air separation units does Linde now operate for Wanhua?

Linde now operates five air separation units for Wanhua Chemical Group at its Yantai Chemical Industrial Park.

What is the role of Linde in the industrial gases market?

Linde is a leading global provider of industrial gases and engineering solutions, serving various sectors including chemicals, healthcare, and manufacturing.

What are the benefits of Linde's advanced technology in its new ASU?

The advanced technology allows for flexible production, higher reliability, improved energy efficiency, and reduced carbon emissions.