Linde (NYSE:LIN; FWB:LIN) announced today it has expanded its existing agreement with Celanese Corporation, a global chemical and specialty materials company, and will begin supplying carbon dioxide and hydrogen to the Celanese manufacturing facility in Clear Lake, Texas.
Linde currently supplies oxygen, nitrogen and carbon monoxide to the Clear Lake facility. Under the terms of the expanded agreement, Linde will now also supply carbon dioxide captured in its nearby carbon monoxide production facility. Celanese will use the carbon dioxide, plus hydrogen, as an alternative feedstock to produce methanol with a significantly lower carbon intensity in their Fairway Methanol LLC joint
Linde currently supplies oxygen, nitrogen and carbon monoxide to the Clear Lake facility. Under the terms of the expanded agreement, Linde will now also supply carbon dioxide captured in its nearby carbon monoxide production facility. Celanese will use the carbon dioxide, plus hydrogen, as an alternative feedstock to produce methanol with a significantly lower carbon intensity in their Fairway Methanol LLC joint
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