Linde to build on-site ASU to supply BorsodChem

29 October 2008 12:44  [Source: ICIS news]

PRAGUE (ICIS news)--Linde Group has signed a long-term on-site supply contract with Hungary's BorsodChem centered on the construction of a new air separation unit (ASU), the German industrial gases and engineering group said on Wednesday.

The ASU, costing around €26m ($33m) and due to come on stream in November 2010, would be built at the Kazincbarcika site of the polyvinyl chloride (PVC) and isocyanates producer in northeast Hungary, Linde added.

The facility is designed to supply the site by pipeline with up to 7,000 cubic metres/hour of oxygen and nitrogen. The plant is also expected to produce liquefied oxygen, nitrogen and argon for the merchant market.

The new investment takes total Linde-provided investments at the Kazincbarcika site to more than $200m, Linde added.

Linde operates two ASUs for the supply of air gases and three steam reformers for the supply of gaseous hydrogen and carbon monoxide for BorsodChem at Kazincbarcika.

BorsodChem's production strategy includes a plan for becoming Europe's number one toluene diisocyanate (TDI) and methylene di-p-phenylene isocyanate (MDI) producer by 2012.

($1 = €0.79)

For more on Linde visit ICIS company intelligence
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By: Will Conroy
+44 20 8652 3214

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