By Gaurav Raghuvanshi

SINGAPORE--Linde PLC (LIN) said it has signed a long-term gas supply contract with Exxon Mobil Corp. (XOM) and will spend $1.4 billion to expand its existing gas plant in Singapore.

Linde's gasification project will be integrated with Exxon Mobil's manufacturing complex on Singapore's Jurong Island, which the oil company is expanding, Linde said in press release.

Linde, an industrial gases producer, will build four additional gasifiers, an air separation plant, gas processing units and pipelines as part of its project expansion, it said.

Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com

(END) Dow Jones Newswires

June 24, 2019 23:10 ET (03:10 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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