Linde Signs Agreement to Supply High-Purity Industrial Gases to PT Freeport Indonesia
July 20, 2022 at 06:02 am EDT
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Linde Signs Agreement to Supply High-Purity Industrial Gases to PT Freeport Indonesia
20.07.2022 / 12:00
The issuer is solely responsible for the content of this announcement.
Linde Signs Agreement to Supply High-Purity Industrial Gases to PT Freeport Indonesia
Woking, UK, July 20, 2022 – Linde (NYSE: LIN; FWB: LIN) today announced it has signed a long-term agreement to supply high-purity industrial gases to PT Freeport Indonesia, a leading mining company in Indonesia.
Linde will build, own and operate an air separation unit (ASU) to supply oxygen and nitrogen to PT Freeport Indonesia’s new copper smelter and refinery in Manyar, Indonesia. The new copper smelter, the largest copper processing site in the world, will process concentrates from PT Freeport Indonesia’s Grasberg mine. The new on-site facility is expected to start up in mid-2024 and will be one of the largest ASUs in Indonesia.
“Copper plays a key role in the electrification of transportation and industrial processes. We are excited to help PT Freeport expand its processing capacity in Indonesia,” said Moloy Banerjee, President, ASEAN & South Asia, Linde. “By deploying Linde’s advanced technology, we will deliver a customized plant which will significantly improve energy efficiency.”
“Linde’s track record for the safe and reliable supply of industrial gases made it our partner of choice as we expand our operations,” said Tony Wenas, President Director, PT Freeport Indonesia.
About Linde
Linde is a leading global industrial gases and engineering company with 2021 sales of $31 billion (€26 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.
The company serves a variety of end markets including chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.
For more information about the company and its products and services, please visit www.linde.com
Media Relations
Anna Davies
Phone: +44 1483 244705
Email: anna.davies@linde.com
20.07.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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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%).