Linde AG Receives Engineering Contract for Ethylene Plant from Sibur LLC in Russia

Linde AG (Linde) announced that it has received an engineering contract for the licensing and front end engineering design (FEED) of an ethylene plant in Tobolsk, Western Siberia. The contract was awarded by Russia's petrochemical company, Sibur LLC (Sibur). The two companies signed an agreement on June 21, 2012 in St. Petersburg. The ethylene plant is to be built at the petrochemical complex ZapSibNeftekhim in Tobolsk, which is being planned by the company ZapsibNeftekhim, a subsidiary of Sibur. Once finished, the plant will produce approximately 1.5 million tons per annum (tpa) of ethylene, 500,000 tpa of propene and 100,000 tpa of butadiene from the feedstocks ethane, propane and n-butane. The FEED services provided by Linde are the first step in the project to realise the new plant. The Group's work will provide a foundation for the detailed engineering and construction phase. Linde's services also include a cost estimate, which will be used by Sibur to inform the final investment decision. Financial details were not disclosed.