According to Guangdong News Web, on July 19, Greater China-based Linde Group (Linde) signed an agreement with Fujian-based Fuxin Special Steel Co., Ltd (Fuxin) on long-term gas supply for newly built stainless steel project in Zhangzhou of Fuxin.
In terms of the contract, Linde will put in EUR 25 million (RMB 230 million) to build a gas supply facility to produce nitrogen and oxygen for Fuxin, and also for the market of Xiamen City.
The new facility includes the most advanced air separation unit of Linde in China with oxygen production of 10,000 standard cubic meters per hour. The unit is expected to go into operation in the second half of 2012.