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linde-in-joint-venture-with-power-machines-for-lng-equipment-production-in-russia
linde-in-joint-venture-with-power-machines-for-lng-equipment-production-in-russia

Linde in joint venture with Power Machines for LNG equipment production in Russia

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The Linde Group and Russia’s Power Machines PJSC have set up a joint venture (JV) to produce equipment for natural gas liquefaction plants and equipment.

The partner companies hold equal shares in the JV at 50% each. Under the partnership, Tier One player Linde will develop and supply relevant technology and Power Machines will ensure the localisation of equipment manufacturing.

The Russian-German collaboration will focus on the localisation of world-class, high-tech products in the Eastern Europe country and plans to support its rapidly growing liquefied natural gas (LNG) market.

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