The technology company Linde Group (LDE.L,LNAGF.PK) announced that it will be managing the gas supply infrastructure of SIBUR, the largest petrochemical company in Russia, CIS and Eastern Europe, at its Dzerzhinsk site in the Nizhny Novgorod region of Russia, also building and operating two new air separation units or ASUs.
Both companies signed a long-term contract to this effect today.
As per the deal, Linde will be investing 70 million euros in the ASUs. The new on-site plants are set to come on stream at the end of 2015.
In an initial step, Linde will assume responsibility for SIBUR's four ASUs in Dzerzhinsk and modernise these plants in order to increase energy efficiency. As part of the next step, Linde's Engineering Division will build two new ASUs, which - on completion - will be operated by Linde's Gases Division.
They will have a total production capacity of around 30,000 normal cubic metres of gaseous oxygen per hour (Nm3/h). The main aim of the new ASUs is to supply the oxygen, nitrogen and compressed air required for SIBUR's local ethylene oxide and glycols plants.
Linde noted that it will also use the plants to supply air gases to other customers at the Dzerzhinsk chemicals hub via an extended pipeline network. In addition, it will deliver liquid oxygen, nitrogen and argon to the regional market in Nizhny Novgorod and beyond.
Linde said it is currently engaged in two other projects with SIBUR at its Tobolsk site in Western Siberia.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.