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Linde to Build Industrial-Scale Air Separation Units for TISCO
10/28/2010 - The Linde Group has been contracted to build two industrial-scale air separation units for Taiyuan Iron & Steel Co. Ltd. (TISCO) at its Taiyuan site in China. The project will be managed by the 50:50 gases joint venture set up by Linde and TISCO, BOC-TISCO Gases.
The Linde Group has been contracted to build two industrial-scale air separation units (ASUs) for Taiyuan Iron & Steel Co. Ltd. (TISCO) at its Taiyuan site in the northern province of Shanxi in China.
The project, at a contract value of around EUR 100 million, will be managed by the 50:50 gases joint venture set up by Linde and TISCO, BOC-TISCO Gases.
Linde's Engineering Division will construct the two new ASUs for BOC-TISCO Gases. With an hourly capacity of 60,000 normal cubic meters of gaseous oxygen per plant, they rank among the largest and most modern ASUs in China, according to Linde. Over the coming years, the new units will double the current oxygen capacity of around 110,000 normal cubic meters to a new total of 220,000 normal cubic meters.
In addition to building the new ASUs, Linde will also deliver various oxyfuel-enabled gas applications for different furnace processes. With oxyfuel, combustion air in the furnace is replaced with oxygen-enriched air or pure oxygen, increasing furnace throughput while cutting fuel consumption and emissions.
"This investment builds on the successful collaboration already established between both companies in air separation," said Dr. Aldo Belloni, Member of the Executive Board of Linde AG. "Since the BOC-TISCO Gases joint venture was founded in 1996, we have been jointly meeting the entire gas needs of the Taiyuan site. We are of course delighted to add two new state-of-the-art air separation units to the existing infrastructure. This new on-site deal not only underscores our leading position in the Chinese gases market, it also provides proof of concept for our focused growth strategy in emerging markets."
TISCO is one of the world's largest stainless steel producers. The company supplies its products to 30 different regions and countries. During the first half of 2010, TISCO produced around 5 million tonnes of steel at Taiyuan. Around 1.4 million tonnes of this was stainless steel, making Taiyuan the world's largest single production site for stainless steel.
The Linde Group is a world leading gases and engineering company with almost 48,000 employees working in more than 100 countries worldwide. In the 2009 financial year, it achieved sales of EUR 11.2 billion. In Greater China, Linde is headquartered in Shanghai and has around 50 wholly-owned companies and joint ventures, and more than 100 operational plants in major industrial hubs across the country, with around 3000 employees.
