The technology and gases company The Linde Group, and Finnish refining company Neste Oil, have agreed on a long-term on-site hydrogen supply contract.
Details from the deal indicate that Linde will build a new hydrogen production unit for Neste Oil’s Porvoo refinery near Helsinki, Finland. The total investment value from Linde and Neste Oil amounts to approximately €100m.
“This is an important project for Linde as it strengthens our position as a supplier for hydrogen in the refinery sector,” said Professor Dr. Aldo Belloni, member of the Executive Board of Linde AG. “We will once again take advantage of combining the hydrogen plant technology of our Engineering Division with the operating experience of our Gases Division.”
The Porvoo refinery, owned by Neste Oil, already has two hydrogen production units with the older one now due for replacement by a more efficient unit. Linde’s Engineering Division will build the turn-key plant while Linde’s North European subsidiary AGA will be responsible for the operation of the new unit that is planned to come on stream in 2016. Neste Oil will build the piping between the new plant and the refinery.
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