GAS and engineering giant Linde has signed a long-term agreement with ExxonMobil Asia Pacific which will see it investing US$1.4 billion to expand its existing gasification complex at Jurong Island and integrating it with ExxonMobil’s project to produce and supply additional hydrogen and synthesis gas.
The deal will support ExxonMobil’s multibillion-dollar expansion project of its integrated manufacturing complex. It will also be the single-largest sale of gas contract in the history of the newly merged Linde and of its legacy companies.
The agreement will see Linde producing and supplying additional hydrogen and synthesis gas to ExxonMobil by upgrading the heavy residue feedstock from its new facilities, it said in a media release on Tuesday.
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