Linde: agreement extended with Indian company SAIL
January 25, 2024 at 06:43 am EST
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Linde announced today that it has extended its existing long-term agreement with Steel Authority of India Limited (SAIL), one of India's largest steel companies, for the supply of industrial gases.
Linde currently supplies oxygen, nitrogen and argon to SAIL's Rourkela steel mill in Odisha, eastern India, from two on-site air separation units (ASUs), which are operating at full capacity.
Under the terms of the new agreement, Linde will now build, own and operate an additional 1,000 tonnes of ASU per day, almost doubling Linde's on-site production at Rourkela.
Linde's investment in this project is expected to be approximately $60 million.
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Linde plc is one of the world's leading engineering and industrial gas production groups. Net sales break down by activity as follows:
- production and sale of industrial gases (86.3%). Net sales break down by market between chemicals and energy (25%), manufacturing (19%), healthcare (16%), metals and mining (14%), food and beverage (10%), electronics (9%) and other (7%);
- surface engineering services (8.3%);
- other (5.4%).
Net sales are distributed geographically as follows: the United Kingdom (5.9%), the United States (31.6%), Germany (11%), China (7.9%), Australia (4.1%), Brazil (3.5%) and other (36%).
LINDE PLC 
