Linde GmbH
Linde awarded Enterprise Framework Agreement by Shell to build ethane cracking units (news with additional features)
Linde awarded Enterprise Framework Agreement by Shell to build ethane cracking units Munich, 31 March 2014: The technology company The Linde Group announced today that it has entered into an Enterprise Framework Agreement (EFA) with Shell Global Solutions International B. V. to build ethane cracking units on a global basis. The EFA is for ten years, with an option to be extended. The EFA covers the licensing, engineering, procurement and construction services, as well as the supply of proprietary equipment of ethane cracking units. Linde understands that the EFA contract is a renewed opportunity to build upon their long-time relationship with Shell. With its outstanding ethylene technology and project execution excellence, Linde is committed in contributing to the expansion of Shell’s global petrochemical market. To benefit Shell and its partners, Linde intends to deliver major cost savings for ethane cracking units from standardization and repeatability effects. As a first step in the EFA Linde was awarded the contract for the licensing and basic engineering design package for a potential world scale ethane cracker unit. About The Linde Group For more information, see The Linde Group online at www.linde.com Further information, please contact:
End of Media Release +++++ Additional features: Document: http://n.equitystory.com/c/fncls.ssp?u=AKIXLFVVDR Document title: 140328_PM_Linde_EFA_Shell.pdf Issuer: Linde AG Key word(s): Energy 31.03.2014 Dissemination of a Press Release, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Linde AG | |
Klosterhofstraße 1 | ||
80331 München | ||
Germany | ||
Phone: | +49.89.35757-01 | |
Fax: | +49.89.35757-1075 | |
E-mail: | info@linde.com | |
Internet: | www.linde.de | |
ISIN: | DE0006483001 | |
WKN: | 648300 | |
Indices: | DAX | |
Listed: | Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, München, Stuttgart; Freiverkehr in Hannover; Terminbörse EUREX; SIX | |
End of News | DGAP-Media |
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