Linde: 'major' deal for plant in Russia.
(CercleFinance.com) - Linde Group said it has won a "major contract" with Russian petrochemical company PJSC Nizhnekamskneftekhim (NKNK) for an olefin plant in the city of Nizhnekamsk, located in Central Russia.
The German industrial gases supplier will be responsible for the licensing, design, material procurement and technical engineering consulting for the plant, which is scheduled to go on stream in 2022.
A further agreement covering strategic cooperation between Linde and NKNK's parent company TAIF Group was also concluded today.
NKNK is one of Europe's largest petrochemical companies and a member of the TAIF Group.
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The German industrial gases supplier will be responsible for the licensing, design, material procurement and technical engineering consulting for the plant, which is scheduled to go on stream in 2022.
A further agreement covering strategic cooperation between Linde and NKNK's parent company TAIF Group was also concluded today.
NKNK is one of Europe's largest petrochemical companies and a member of the TAIF Group.
Copyright (c) 2017 CercleFinance.com. All rights reserved.