Linde India Limited — New Orders, 13-03-2025: Bagging/Receiving of orders/contracts

Linde India Limited has entered into a long-term contract with Asian Paints (Polymers) Private Limited for the supply of industrial gases via pipeline to support its new manufacturing facility in Dahej, Gujarat, which will produce Vinyl Acetate Monomer (VAM) and Vinyl Acetate Ethylene Emulsion (VAE). To facilitate this agreement, Linde plans to install its third Air Separation Unit (ASU) in Dahej, with a capacity of 245 TPD for liquid gases and 100 TPD for gaseous oxygen (GOX). This strategic move aligns with Linde's vision of establishing a pipeline cluster in the Dahej region, presenting potential growth opportunities in the industrial gases market. Investors should watch closely for implications of this expansion on operational efficiency and market positioning.