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DGAP-News: Linde AG / Key word(s): Contract Linde AG: Linde and Nynas conclude hydrogen on-site contract

07.02.2014 / 09:00

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Linde and Nynas conclude hydrogen on-site contract

- Modern hydrogen plant to be built in Hamburg-Harburg

- Investments of EUR 30 million

Munich, 7 February 2014 - The technology company The Linde Group has signed a long-term contract with Nynas AB, one of the world leaders in the naphthenic specialty oils (NSP) and the bitumen business, for the on-site supply of hydrogen at Nynas' refinery in Hamburg, Germany. To this end, the Linde Engineering Division will build a state-of-the-art steam methane reformer plant with total investments accounting to around EUR 30 million.

'Nynas and Linde already look back on a long and successful relationship, especially in Sweden,' said Professor Dr Aldo Belloni, Member of the Executive Board of Linde AG. 'We are supplying Nynas with natural gas from our LNG terminal near Stockholm. We are more than happy to expand our excellent cooperation to Germany now.'

The project is part of a major restructuring of the Hamburg-Harburg refinery, which over the next two years will be converted into a specialized NSP production site. By this, Nynas will increase its overall NSP production capacity by forty per cent. These specialty oils are used for many different applications, such as tires, transformers, printing inks, industrial rubber and lubricants.

The new hydrogen facility is scheduled to go on-stream in the fourth quarter of 2015 and will be operated by the Linde Gases Division. With a capacity of 400,000 m of hydrogen per day it will be able to also supply other hydrogen customers in the Hamburg harbour area.

Continued here:
PRESS RELEASE: Linde AG: Linde and Nynas conclude hydrogen on-site contract