Linde wins Russia chem plant orders worth €530m

22 December 2009 15:01  [Source: ICIS news]

TORONTO (ICIS news)--Linde has won three separate contracts for chemical plants and industrial gas supplies in Russia, worth €530m ($757m) in total, the German chemical engineering and industrial gases major said on Tuesday.

The first contract, valued €450m, is for a 500,000 tonne/year polypropylene plant in Tobolsk, western Siberia, for SIBUR subsidiary Tobolsk-Polymer LLC, expected to become operational by mid-2012.

That project would be integrated into SIBUR’s new complex to dehydrogenate propane and manufacture polypropylene in Tobolsk, Linde said.

In a separate contract valued €47m, Linde would plan and oversee the construction of a gas separation  unit and a 420,000 tonne/year ethylene plant by Gazprom subsidiary Novy Urengoy Gas and Chemical Complex (NGCC), it said.

NGCC is currently building a chemical complex in Novy Urengoy, in western Sibera, where the ethylene generated at the Linde plant would be used to make polyethylene, it said.

In addition, Linde also won a long-term agreement to supply steel company ZAO Kaluga Research and Production Electrometallurgical Plant (KNPEMZ) with industrial gases at a site in Vorsino, near Moscow.

As part of that deal, Linde would build a €37m on-site air separation unit which was due to become operational by mid 2011, it said.

($1 = €0.70)

For more on Linde visit ICIS company intelligence
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By: Stefan Baumgarten
+1 713 525 2653



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