Linde and BorsodChem intend to enter into a long term supply agreement about the additional supply of around 150,000 tons of carbon monoxide and hydrogen per year for the expansion of BorsodChem’s isocyanate production. “With new investments of approximately €100 million, complementing the three existing plants, this location will become one of Linde’s top five production sites for hydrogen and carbon monoxide worldwide”, said Dr Aldo Belloni, member of the executive board of Linde AG.
Isocyanate is an intermediate compound for polyurethane (PU), a versatile polymer with growing applications in the car, aeroplane, electronic, furniture, and appliance manufacturing, for example. The Linde Group is a world-leading industrial gases, medical gases and engineering company with more than 51,000 employees working in around 70 countries worldwide. Following the acquisition of The BOC Group plc, the company has gases and engineering sales of around €12 billion per annum. The strategy of The Linde Group is geared towards earnings-based growth and focuses on the expansion of its international business with forward-looking products and services. (marketwire.com)
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