- In October 2022, Linde partnered with JSL to expand the production capacity of JSL's plant in Kalinga Nagar, India. Linde's involvement in the project includes supplying essential industrial gases such as carbon dioxide, argon, and oxygen, which are crucial for the plant’s operations. The partnership aims to meet the increasing demand for gases in the region while supporting JSL’s production expansion efforts in the steel and manufacturing sectors
- In October 2022 a strategic move to strengthen its presence in the Middle East, Air Products' joint venture, Abdullah Hashim Industrial Gases & Equipment Co. Ltd., acquired Air Liquide's Merchant Industrial Gases Business in Saudi Arabia in October 2022. This acquisition is set to expand Air Products' footprint in the region, particularly in the industrial gases sector, offering enhanced capabilities in supplying gases to various industries, including oil and gas and manufacturing
- In February 2022, Linde entered into a significant long-term agreement with BASF, one of the world’s largest chemical companies. Under this agreement, Linde is set to supply hydrogen and steam to BASF’s operations, which will help BASF reduce its carbon footprint and enhance operational efficiency. The partnership marks a major step for Linde in expanding its hydrogen production and distribution services in global chemical markets
- In March 2020, Air Products & Chemicals reached an agreement with PBF Energy for the acquisition of five operational hydrogen units for $530 million. This purchase agreement allows Air Products to expand its hydrogen production capabilities, supporting PBF Energy’s refineries with a steady supply of hydrogen. The acquisition helps enhance Air Products’ presence in the energy sector, particularly in the refining and petrochemical industries
- In July 2022, Air Products & Chemicals opened a new industrial gases plant in Louisiana, which is set to serve the nearby industrial operations of Huntsman Company. The facility, which was announced to operate on-stream, plays a crucial role in providing the necessary gases for Huntsman’s manufacturing processes. This plant is expected to bolster Air Products’ capabilities in the region, particularly in supplying high-demand gases to the chemical industry
