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Linde to build ASU in Hungary as part of new industrial gases deal with BorsodChem

January 22/2021

MOSCOW (MRC) -- Linde has signed an agreement with BorsodChem (Kazincbarcika, Hungary) for the long-term supply of nitrogen, oxygen, and compressed air to BorsodChemís chemical complex in Kazincbarcika, including the construction of a new air separation unit (ASU), said Chemweek.

The company will build one of the largest ASUs in Hungary as part of the supply deal, with the unit expected to be completed by the end of 2021, Linde says. ďIn addition to supporting BorsodChemís expansion, the plant will provide additional nitrogen, oxygen, and compressed air to meet the increasing demand for industrial gases in Hungary and surrounding countries,Ē it says.

The building of new capacity in Hungary will give Linde the opportunity to broaden its supply of industrial gases to other regional customers ďin response to increasing demand from resilient end markets,Ē says Lindeís Andreas Muller, head of its Hungary and Austria business.

As per MRC, BorsodChem (Kazincbarcika, Hungary) is planning to start production at its new 200,000-metric ton/year aniline plant in Kazincbarcika during the third quarter of 2021. The facility in northern Hungary has received around EUR45 million (USD53 million) in state subsidies from the Hungarian government, which were approved by the European Commission in 2018. Production was initially scheduled to start in the second quarter of next year, but progress has been delayed due to COVID-19 and other ďunforeseen issues,Ē according to market sources.

According to MRC's DataScope report, last month's SPVC imports to Russia dropped to 0,600 tonnes from 1,600 tonnes in November. High PVC prices in foreign markets and a seasonal decline in demand in the last two months have put serious pressure on import purchases of PVC from Russian companies. Thus, overall imports were 40,800 tonnes in January-December 2020, compared to 50,900 tonnes a year earlier, with PVC from China and the United States accounting for the main reduction in imports. PVC shipments from these countries decreased by almost a third over the stated period.

Wanhua-BorsodChem is a Hungarian chemical raw material manufacturing company headquartered in Kazincbarcika, Northern Hungary. It is the European member of the Wanhua Chemical Group. The company specializes in isocyanates (MDI, TDI), PVC and chlor-alkali (vinyl) businesses.[1] The main production site is located in Kazincbarcika, Hungary but the production is also supported by other European production capacities located in Ostrava, the Czech Republic and Kedzierzyn-Kozle, Poland. Several branch offices are available in Hungary, Belgium, the Czech Republic, Croatia, Italy and Poland.


mrcplast.com
Author:Anna Larionova
Tags:PVC, EPVC, SPVC, BorsodChem, Linde Group, Hungary.
Category:General News
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