.
MergerLinks Header Logo

New Deal


Announced

Completed

Linde and Sipchem formed a joint venture.

Synopsis

Linde, a global industrial gases and engineering company, and Sipchem, an integrated petrochemical company, formed a joint venture to build up a world-class industrial gases network in Jubail Industrial City by connecting via pipeline the existing hydrogen and syngas plants. Financial terms were not disclosed. "We strongly believe in Linde’s capability to provide best-class expertise in terms of operations and technology. We also believe that both parties, with existing operating plants in Jubail, will be in best position to develop Industrial Gasses networks in Jubail and other Industrial Cities in the Kingdom," Eng. Saleh Bahamdan, Sipchem CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US