The Linde Group revealed that it had been selected to supply air gases to chemicals producer Dahua Group on Songmu Island in Dalian, Northeast China.
Linde will be investing around €70 million ($91 million approx.) in the project, and describes the deal as further strengthening its position in the high-growth China market.
An agreement outlining the terms of the deal was recently signed by both parties.
Dahua Group belongs to the country’s leading top 10 soda ash producers and Sanjiv Lamba, member of the Executive Board of Linde AG responsible for the Asia region, said in a statement, “We are delighted to further expand our long-term business relationship with our partner Dahua in Dalian.”
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