BNDES has agreed to finance Brazilian gas firm, Linde Gases Ltda, to build two new industrial gas generation facilities.
The directors of Brazilian development bank, BNDES, have signed off a R$54m ($23.3m) project loan to Linde Gases Ltda, a subsidiary of The Linde Group.
The funds will be used to implement two new industrial gas generation facilities, one in Camaçari, in Bahia state, and the other in Rio de Janeiro, in south east Brazil.
The Camaçari facility will have a production capacity of approximately 80m cubic metres per annum, and is expected to serve the North-eastern market, predominantly the state of Bahia.
... to continue reading you must be subscribed
