The Linde Group (Munich, Germany; www.linde.com) will build and operate a large hydrogen and synthesis gas plant in the Chongqing Chemical Park in Western China in a joint enterprise with Chongqing Chemical & Pharmaceutical Holding Company (CCPHC).
The project has a total investment value of around €200 million. Linde holds 60% of the shares in the joint enterprise with CCPHC. In the future, the new onsite plant will provide the production facilities of BASF and CCPHC based in Chongqing with carbon monoxide, hydrogen and synthesis gas.
The new plant, which will be supplied by Linde’s Engineering Division, is expected to come on stream in the third quarter of 2014.