The Linde Group, a world-leading gases and engineering company, acquired the remaining shares of its partner Volker Wessels Stevin Deelnemingen in the OCAP joint venture (Organic CO2 for Assimilation by Plants).
With immediate effect the supplier of industrial gases is thus the sole shareholder. The acquisition enables The Linde Group to reinforce its position in the global energy and environment growth market as one of the leading suppliers of clean technologies for its Clean Energy Programm.
The OCAP joint venture was founded in 2003. Up until now Linde owned 49% and Volker Wessels Stevin Deelnemingen 51%. The employees were provided by the two partners. In future group subsidiary Linde Benelux will have full responsibility for the operational business of OCAP.
OCAP is a leading player in a very special market segment: as the supplier of gaseous carbon dioxide (CO2) in the Benelux region OCAP delivers CO2 to greenhouses between Rotterdam and Amsterdam. The CO2-enriched atmosphere in the greenhouses promotes the growth of plants. The gas comes from the largest Shell refinery in Europe and a Abengoa bioethanol plant, both situated in the industrial harbour area of Rotterdam. If it was not used in greenhouses, the CO2 needed in the greenhouses would have to be produced by conventional means by burning natural gas.
Currently about 400,000 tonnes of CO2 is delivered to more than 580 greenhouses via an 97-kilometer long transport pipeline and an approximately 200-kilometre long distribution network. A smaller portion of the gas is delivered to the food industry and used to keep products fresh.
The re-use of 400,000 tonnes of CO2 by OCAP saves the combustion of 115 million cubic metres of natural gas and avoids the emission of 205,000 tonnes per annum (tpa) of CO2. This volume approximately corresponds to the output of a west European city with a population of 150,000.
Elsewhere, in the USA, Selas Fluid Processing Corporation has changed its name to Linde Engineering North America Inc.
Acquired in 1983 by Linde AG of Munich, Germany, Selas Fluid Processing Corporation became a subsidiary of Linde’s Engineering Division, a leading technology partner for plant engineering and construction worldwide.
In 2009, Linde Engineering’s air separation, hydrogen, and synthesis gas plant product lines serving the NAFTA region were transferred to Selas Fluid Processing Corporation. That same year, Selas Fluid Processing Corporation relocated its Revamp Services Group to Houston, Texas, to better serve the company’s client base in the western US and Canada.
“The name change better reflects our status as a global technology, engineering, procurement, and construction firm,” said Bruce Hensinger, President and CEO of Linde Engineering North America.
“With this action, the resources we possess as a member of a world-leading gases and engineering company become more apparent to our customers.”