02-May-2007 - Air Liquide

The Linde Group and Air Liquide conclude the realignment of joint ventures in Asia

The Linde Group and the worldwide industrial and medical gases company Air Liquide have concluded the realignment of their joint ventures in Asia. Linde purchased Air Liquide's interests in the gas companies Malaysian Oxygen (Malaysia) and Hong Kong Oxygen & Acetylene (Hong Kong). In return, Linde sold its interests in Singapore Oxygen (Singapore), Eastern Industrial Gases (Thailand), Vietnam Industrial Gases (Vietnam) and Brunei Oxygen (Brunei) to Air Liquide. By these transactions Linde received a net purchase price of 275 million euro. Following the receipt of unconditional approval from the European Commission, these transactions were completed today. A realignment of the shareholdings in certain joint ventures in the Asia/Pacific region was one of the conditions imposed by the European Commission when it authorised the acquisition of The BOC Group plc by Linde which became effective on 5 September 2006.

Facts, background information, dossiers
  • Linde
  • Air Liquide
  • European Commission
More about Air Liquide
More about Linde
  • News

    Linde and Heidelberg Materials Announce Large-Scale Carbon Capture Project

    Heidelberg Materials and Linde have established a joint venture under the name "Capture-to-Use" (CAP2U) to build and operate a state-of-the-art carbon dioxide capture and liquefaction plant. The world's first industrial-scale carbon capture and utilisation (CCU) facility in the cement indus ... more

    Aramco and Linde Engineering to develop ammonia cracking technology

    Aramco and Linde Engineering announced that they have signed an agreement to jointly develop a new ammonia cracking technology. The collaboration between the two companies will combine Linde Engineering and Aramco’s experience and capabilities in industrial research and development, lower-c ... more

    Linde Engineering Signed Agreement to Build a Synthesis Gas Plant for BASF in China

    Linde Engineering has signed an agreement with BASF for the engineering, procurement and construction of a synthesis gas plant in Zhanjiang, China. “Linde Engineering’s one-stop solution for BASF combines state-of-the-art technology with a comprehensive EPC execution package. Our long-stand ... more

  • Companies

    Linde Material Handling GmbH

    Linde Material Handling headquartered in Aschaffenburg, Germany, ranks among the world's foremost makers of lift trucks and warehouse trucks and is also positioned as a major manufacturer of hydrostatic drives produced mainly for use in construction, farming and forest machinery as well as ... more

    Linde AG, Linde Engineering Division

    Delivering reliable process plants for maximum capital efficiency Linde has been optimizing gas processing technologies for 140 years, successfully delivering more than 4,000 plant engineering projects around the globe. Favoring trusted, lasting business relationships, the company collabora ... more