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Linde to De-Captivate Air Separation Units, Expand Industrial Gases Supply to Tata Steel
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Linde to De-Captivate Air Separation Units, Expand Industrial Gases Supply to Tata Steel
Nov 2, 2024 11:52 PM

09:12 AM EDT, 10/24/2024 (MT Newswires) -- Linde ( LIN ) said Thursday it signed agreements to de-captivate two air separation units and expand its existing supply of industrial gases to Tata Steel Limited's iron and steel making facility in India.

Linde ( LIN ) said it is acquiring two additional ASUs, which are both under construction and expected to be transferred in 2025. Aside from supplying Tata Steel, the new ASUs will be used to supply the local merchant market, Linde ( LIN ) said.

Financial details of the agreements were not disclosed.

Price: 476.60, Change: -0.83, Percent Change: -0.17

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