The key points are temporarily unavailable. You can still read the full Story below.
Main Points
Linde, the global chemical company, announced that it will invest more than US$50 million in Ecuador to build a plant that will produce oxygen, nitrogen and argon. The facility is intended primarily to supply the green steel production of the local steelmaker Novacero and to meet the demand for industrial gases and medical gases in the country. The plant will be located on the premises of Novacero in Lasso, Cotopaxi Province. Construction of the Air Separation Unit (ASU) began formally on Thursday with the laying of the first stone. Linde, a German company headquartered in Dublin, Ireland, will oversee the project, which is expected to be completed in the third quarter of 2027. The ASU will use atmospheric air separation technology to produce high‑purity oxygen, nitrogen and argon for industrial and medical applications. According to the project plan, 60 % of the gases produced will be supplied to Novacero’s operations, while the remaining 40 % will be distributed to other industrial activities and the national health system. Novacero specializes in sustainable steel production, using recycled metal and renewable energy to reduce the environmental impact of the steel industry. The new plant will secure the gas supply needed for Novacero’s processes and provide additional capacity to support other sectors of Ecuador’s economy. Linde’s investment is part of a broader effort to expand the country’s industrial infrastructure, combining the needs of a green steel producer with the provision of essential gases for production and healthcare. Article source: El Nuevo Diario | Image credit: El Nuevo Diario
Linde, the global chemical company, announced that it will invest more than US$50 million in Ecuador to build a plant that will produce oxygen, nitrogen and argon. The facility is intended primarily to supply the green steel production of the local steelmaker Novacero and to meet the demand for industrial gases and medical gases in the country. The plant will be located on the premises of Novacero in Lasso, Cotopaxi Province. Construction of the Air Separation Unit (ASU) began formally on Thursday with the laying of the first stone. Linde, a German company headquartered in Dublin, Ireland, will oversee the project, which is expected to be completed in the third quarter of 2027. The ASU will use atmospheric air separation technology to produce high‑purity oxygen, nitrogen and argon for industrial and medical applications. According to the project plan, 60 % of the gases produced will be supplied to Novacero’s operations, while the remaining 40 % will be distributed to other industrial activities and the national health system. Novacero specializes in sustainable steel production, using recycled metal and renewable energy to reduce the environmental impact of the steel industry. The new plant will secure the gas supply needed for Novacero’s processes and provide additional capacity to support other sectors of Ecuador’s economy. Linde’s investment is part of a broader effort to expand the country’s industrial infrastructure, combining the needs of a green steel producer with the provision of essential gases for production and healthcare.
News Desk is the editorial publishing account for Tringlobe Media News, covering breaking news, public affairs, entertainment, community developments and regional stories across Trinidad and Tobago, the Caribbean and internationally.
