SINGAPORE - Industrial gases and engineering group Linde has signed a long-term agreement to ramp up its hydrogen supply to ExxonMobil Asia Pacific.
ExxonMobil's multibillion-dollar project, which includes the world's only steam cracker capable of cracking crude oil, is slated to be completed by 2023. When completed, it will also be able to increase production of low-sulphur fuel to meet the International Maritime Organisation's 0.5 per cent sulphur requirement.
Linde, which merged recently with rival Praxair, would not reveal the amount of gases it will be supply the oil giant - again citing"commercial sensitivity" - but claimed it would be"the single largest sale of gas contract" since its merger last October. Its engineering division will design and build the new facility. Construction is expected to start in the second half of 2019, with start-up anticipated in 2023.