Linde India has recently informed exchanges that the company signed a long-term agreement with Asian Paints (Polymers) Private Limited, a wholly-owned subsidiary of Asian Paints Limited, to supply industrial gases through a pipeline at its upcoming manufacturing plant in Dahej, Gujarat. The facility will produce Vinyl Acetate Monomer (VAM) and Vinyl Acetate Ethylene Emulsion (VAE), essential raw materials for various industrial applications.
To support this expansion, Linde India is setting up its third Air Separation Unit (ASU) at Dahej with a 245 TPD liquid capacity and 100 TPD of Gaseous Oxygen (GOX). This move aligns with the company’s long-term strategy to establish a pipeline cluster in the Dahej region, enhancing its industrial gas supply network.
By investing in state-of-the-art gas infrastructure, Linde India aims to strengthen its market presence and support India’s growing chemical and manufacturing sectors.
Linde India shares opened at ₹6,150, reaching a high of ₹6,150 and a low of ₹6,030 during the session. The stock remains significantly below its 52-week high of ₹9,935.05 but above the 52-week low of ₹5,379.55.
