Linde Signs Pact With ExxonMobil to Invest $1.4 Billion to Expand Singapore Gas Project
25 June 2019 - 1:25PM
Dow Jones News
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)
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