Linde, Erdemir JV build new air separation unit in Turkey

Linde, Erdemir JV to build new air separation unit in Turkey

11:45 AM, 22nd February 2016
Linde, Erdemir JV to build new air separation unit in Turkey

MUNICH, GERMANY: The Linde Group said that it has signed a letter of intent with the Turkish steel producer Erdemir Group, to form a joint venture in order to build a new air separation unit (ASU) in Iskenderun, southern Turkey.

From 2017 onwards, the new plant – which will be the largest ASU operated by an industrial gases company in Turkey – will supply up to 1,700 tonne of oxygen and nitrogen per day to a steel mill run by Isdemir, an Erdemir subsidiary, through a build, own, operate (BOO) business model.

The ASU will be designed and constructed by Linde’s engineering division. The joint venture will also be responsible for the operation and maintenance of Isdemir’s existing industrial gases production facilities. 

This is the first international joint venture undertaken by the Erdemir Group, Turkey’s first and largest integrated flat steel producer, Linde said.

“We are pleased to partner with Erdemir, Turkey’s number one steel company. By making this investment, we demonstrate our commitment in the growing Turkish market,” said Dr Wolfgang Buchele, CEO, Linde AG.

“Our vision of becoming a world-class company calls for a search for excellence in everything we do. Such an excellence concept includes maximum reliability and efficiency as well as minimum costs. We believe that partnering with the best-in-class companies such as Linde will help us approach our vision,” said Ali Pandir, chairman, Erdemir Group.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

IFF appoints Dionisio Ferenc as VP, global fine fragrance

NEW YORK, US: International Flavors & Fragrances Inc (IFF) said that it has appointed Dionisio (Denis) Ferenc to the position of Vice President, g ...

Read more
Curious case of rule violation while testing aldehydes, ketones

BRUSSELS, BELGIUM: Joint Research Centre science hub (JRC), a European Commission’s in-house science service scientists said that they have inve ...

Read more
Archroma forms education partnership with textile institute in India

REINACH, SWITZERLAND: Archroma said that it has entered into a 5-year partnership agreement with Dattajirao Kadam Technical Education Society’s ...

Read more
Chemistry trick paves way for safer diabetes medication

COPENHAGEN, DENMARK: New research from the University Of Copenhagen points to an entirely new approach for designing insulin-based pharmaceuticals. Th ...

Read more
Scientists create vaccine against dangerous designer opioids

LA JOLLA, US: With use of synthetic opioid “designer drugs” on the rise, scientists from The Scripps Research Institute (TSRI) have a new ...

Read more
Perstorp signs MoU at Make in India with MIDC

MALMO, SWEDEN: Perstorp Group said that it has signed a memorandum of understanding (MoU) with Maharashtra Industrial Development Corporation (MIDC), ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X