Linde bags long-term gas contract with Corus in UK
21 Jan 2008
The agreement involves the construction of a new air separation unit (ASU) at Corus' site at Scunthorpe, UK for around Euro80 million.
Munich, Germany - Linde Group has gained a long-term supply contract for industrial gases with international steel producer Corus, part of Tata Steel. The agreement involves the construction of a new air separation unit (ASU) at Corus' site at Scunthorpe, UK for around Euro80 million.
The new ASU with a capacity of 1,600 tonnes per day (tpd) oxygen as well as smaller quantities of nitrogen will go on-stream in mid-2010 in order to support the increase in steel output from the site, said Linde. The investments will also involve refurbishment of the existing ASU and a significant extension of the pipeline network supplying the steelworks.
"This agreement seals the long term future of our relationship with one of our largest customers in the UK and confirms our market leadership in this key market," said Dr Aldo Belloni, member of Linde's executive board, in a company press statement.
Gases and engineering company Linde employs around 50,000 employees worldwide. Following the acquisition of The BOC Group plc, the company has annual sales of around Euro12 billion.
