# Linde invests EUR 108M to build two ASUs for Wanhua Chemical in China

Linde signed an agreement with Wanhua Chemical Group to invest EUR 108 million to build two additional air separation units at Wanhua's Yantai operations in Shandong, China, to expand industrial gas supply. The plants are expected to come on stream in 2019.

- Type: Expansion
- Announced: 2017-07-26
- Where: Yantai, Shandong Province, China, China
- Value: $126.0M (108.0M EUR)
- Starts operating: 2019
- Status: announced
- Products: industrial gases (oxygen, nitrogen, argon)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Linde](https://endata.com/companies/472.md)
- [Wanhua Chemical](https://endata.com/companies/5042.md) (customer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/linde-further-advances-its-partnership-with-wanhua-chemical-group-with-an-additional-investment-of-eur-108-million-in-china-300494324.html), 2017-07-26: "Linde will invest EUR108m (835m RMB) to build two additional energy efficient steam-driven ASUs, complementing the two existing ASUs already in place, to meet Wanhua Chemical's growing demand for industrial gases."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.