The Linde Group and Turkish steel producer OYAK Mining Metallurgy Group have successfully completed a joint venture (JV) and completed in the construction of an air separation unit (ASU) in Turkey.
The JV, established in November 2016 and named Isdemir Linde Gaz Ortaklığı A.Ş., accomplished the construction of the ASU in a year and the plant will be taken into operation until the end of 2017.
This partnership is the first international JV formed by OYAK Mining Metallurgy Group in its history over 50 years.
The new plant, which is currently under commissioning, will be the largest ASU operated by an industrial gases company in Turkey. It will supply up to 1,700 tonnes of oxygen (O2) and nitrogen (N2) per day to Isdemir, through a Build, Own, Operate (BOO) business model.
“One of our top priorities is to optimise productivity and efficiency. The Linde Group understands our aspiration for performance excellence. Their expertise in industrial gas supply solutions will enhance our sustainable productivity at competitive costs. We have a reliable partner for that in Linde,” explained Ömer M. BAKTIR, the OYAK Mining Metallurgy Group Chairman.
He continued, “We are delighted that OYAK Mining Metallurgy Group, Turkey’s prestigious steel producer, entrusted us to participate in this important project. The successful completion of the new ASU will pave the way for further growth and mutual benefit,” said Bernd Eulitz, Member of the Executive Board of Linde AG. “This joint venture is a further expression of the success of our growing business in Turkey. It underpins our commitment to invest further in the region.”
Elena Skvortsova, Head of Region Middle East and Eastern Europe at Linde Gases Division, added, “By making this investment, we demonstrate our commitment to the growing Turkish market and our ability to add value thanks to our clear customer focus. We opened production facilities in Turkey during 2016 in Denizli and Bursa, and are now strategically positioned to meet the needs of customers across Turkey. The new state-of-the-art air separation unit will add to our efficient and innovative gas supply concepts.”