Linde (NYSE:LIN; FWB:LIN) today announced that it has signed a long-term agreement with BASF, one of the world's largest chemical companies, for the supply of hydrogen and steam.
Linde will design, build, own and operate a new hydrogen production facility at Chalampé, France, effectively doubling Linde's current capacity in the Chalampé chemical park where it already has one production facility. This second plant will supply BASF's new hexamethylenediamine (HMD) manufacturing facility and will also help meet the increasing demand from Linde's local merchant customers for hydrogen. The plant is expected onstream in the first half of 2024.
"Hydrogen plays a
Linde will design, build, own and operate a new hydrogen production facility at Chalampé, France, effectively doubling Linde's current capacity in the Chalampé chemical park where it already has one production facility. This second plant will supply BASF's new hexamethylenediamine (HMD) manufacturing facility and will also help meet the increasing demand from Linde's local merchant customers for hydrogen. The plant is expected onstream in the first half of 2024.
"Hydrogen plays a
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