Sector News

Linde and Erdemir to build new air separation unit in Turkey

February 22, 2016
Chemical Value Chain

The Turkish steel producer Erdemir Group and the German technology company The Linde Group have signed a Letter of Intent to form a joint venture in order to build a new air separation unit (ASU) in Iskenderun, southern Turkey.

From 2017 onwards, the new plant – which will be the largest ASU operated by an industrial gases company in Turkey – will supply up to 1,700 tonnes of oxygen and nitrogen per day to a steel mill run by Isdemir, an Erdemir subsidiary, through a Build, Own, Operate (BOO) business model. This is the first international joint venture undertaken by the Erdemir Group, Turkey’s first and largest integrated flat steel producer, in its 50-year history.

“We are very pleased to partner with Erdemir, Turkey’s number one steel company,” said Dr Wolfgang Büchele, Chief Executive Officer of Linde AG. “By making this investment, we demonstrate our commitment in the growing Turkish market and our ability to add value thanks to our clear customer focus.”

Ali Pandir, the Erdemir Group Chairman, said: “Our vision of becoming a world-class company calls for a search for excellence in everything we do. Such an excellence concept includes maximum reliability and efficiency as well as minimum costs. We believe that partnering with the best-in-class companies such as Linde will help us approach our vision.”

The state-of-the-art ASU will be designed and constructed by Linde´s Engineering Division. The joint venture will also be responsible for the operation and maintenance of Isdemir’s existing industrial gases production facilities.

Source: The Linde Group

Related News

February 28, 2021

Borealis to invest in new RTO to reduce CO2 emissions at Porvoo polyolefins plant

Chemical Value Chain

This equipment will significantly lower the site’s CO2 emissions, reduce flaring and save around 60 gigawatt hours (GWh) energy each year. Project kick-off is in February 2021, with completion planned for 2023.

February 28, 2021

Grace to acquire Albemarle’s fine chemistry business for $570 million

Chemical Value Chain

The acquisition significantly strengthens and expands Grace’s existing pharma portfolio. Pharma & Consumer is the largest, fastest growing and most profitable subsegment within Grace’s Materials Technologies business.

February 28, 2021

Solvay to carve out soda ash business

Chemical Value Chain

Solvay says it has decided to organize its soda ash and derivatives business into a separate and fully controlled legal structure.

Send this to a friend