Linde today announced that it has leveraged its extensive technology portfolio to sign a new contract with Indian Oil Corporation Limited (IOCL), the largest refiner in India.
Praxair India Private Limited, a wholly owned subsidiary of Linde, will build, own and operate an air separation unit (ASU) to supply oxygen and nitrogen to its incumbent customer, IOCL, for its refinery at Paradip, Orissa. The project will help support the expansion of the existing refinery into an integrated petrochemical complex. Following planned completion of the ASU in October 2021, the plant will have a combined total gas capacity of 660 tons per day. Praxair India currently supplies hydrogen and nitrogen to the IOCL refinery at Paradip.
The ability to leverage the combined technology and applications of the Linde AG and Praxair businesses was key to creating a comprehensive proposal.
"We are excited to further support our customer, IOCL, as it invests in its future expansion," said Moloy Banerjee, Head of South Asia, Linde. "This is another milestone project for Linde in India, reflecting our commitment to continue investing in the country. We are proud to have developed a world class solution for IOCL, leveraging Linde's global technology and operational capabilities. Our strong track record in safely and reliably delivering industrial gases gives us an edge over our competition. We are pleased to be selected by IOCL and look forward to working together towards our mutual success in the years ahead."