Linde to Supply Hydrogen Gas for Shell Oil Facility in North America
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Murray Hill, New Jersey, U.S., April 27, 2009 - Linde North America and Shell Oil Company have executed a long-term contract for Linde to supply hydrogen for Shell's Deer Park, Texas, complex. The hydrogen will be used primarily for the production of clean-burning transportation fuels at Deer Park Refining Company, a 50:50 joint venture of Shell and PMI Norteamerica S.A. de C. V,. a wholly-owned subsidiary of Petroleos Mexicanos (Pemex).
Linde North America, Inc. is a member of The Linde Group, a world-leading gases and engineering company.
Linde will invest in excess of $50 million to supply hydrogen through a pipeline network connected to its facilities in the Houston Ship Channel. The supply will commence in mid-2010.
Kent Masters, member of The Linde Group executive board said, "Linde has been associated with Shell on multiple international initiatives in the areas of industrial gases and plant supply and the provision of engineering services during the last five years. We are very excited to expand this relationship by the establishment of this additional long-term hydrogen tonnage supply arrangement in the strategic Houston Ship Channel area."
Linde has been is a premier supplier of hydrogen utilities to the North American refining industry and is also a major supplier of syngas products, including hydrogen, for industries in the Houston Ship Channel. Execution of the Deer Park supply contract builds on our successful hydrogen supply relationship established earlier with Shell ChemicalsChemicals in connection with hydrogen and steam supply for their specialty refinery in Mobile, Alabama, that commenced in 2007.
Linde is a leading supplier of hydrogen and is among the most reliable suppliers of this strategic industrial gas. The company boasts world class in-house technical and engineering capabilities in the areas of hydrogen and syngas, that enables the delivery of high-value solutions to those customers, who desire and can benefit from such capabilities.
The Linde Group is a world leading gases and engineering company with almost 52,000 employees working in around 100 countries worldwide. In the 2008 financial year it achieved sales of EUR 12.7 billion (USD 15.9 billion). The strategy of The Linde Group is geared towards sustainable earnings-based growth and focuses on the expansion of its international business with forward-looking products and services.
Linde acts responsibly towards its shareholders, business partners, employees, society and the environment - in every one of its business areas, regions and locations across the globe. Linde is committed to technologies and products that unite the goals of customer value and sustainable development.
For more information, see The Linde Group online at www.linde.com
Contact:
Peter Gavigan
Linde corporate communications
908-771-1512
Peter.gavigan@linde.com
