27 October 2010 09:36 [Source: ICIS news]
LONDON (ICIS)--Linde has won a deal to build two industrial-scale air separation units for steel maufacturer Taiyuan Iron & Steel Company (TISCO) in China, the German engineering firm said on Wednesday.
Linde said its engineering division would construct two new air separation units (ASUs) for BOC-TISCO Gases at its ?xml:namespace>
Each plant would have an hourly capacity of 60,000 normal cubic metres of gaseous oxygen.
Over the coming years, the new units will double oxygen capacity from around 110,000 normal cubic metres today to a new total of 220,000 normal cubic metres, Linde said.
The company said that the contract, which was recently closed by both parties, placed a total investment figure of around €100m ($139m) on the project. It will be managed by a 50:50 gases joint venture set up by Linde and TISCO, BOC-TISCO Gases.
In addition to building the new air separation units, Linde said it would also be delivering various oxyfuel-enabled gas applications for different furnace processes.
During the first half of 2010, TISCO produced around 5m tonnes of steel at
($1 = €0.72)
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