Linde signs long-term agreement

Linde (LIN) has signed a new long-term agreement with Blue Point Number One, a joint venture between CF Industries, JERA, and Mitsui & Co. Under the terms of the agreement, Linde will supply industrial gases to Blue Point’s 1.4 million metric tons low-carbon ammonia plant in Ascension Parish, Louisiana.

Linde will build, own, and operate a world-scale air separation unit (ASU) to supply oxygen and nitrogen to the Blue Point project, expected to be one of the largest low-carbon ammonia projects in the world. Linde will invest more than USD 400M in the new on-site plant, which is expected to start up in 2029.

Linde’s extensive U.S. Gulf Coast infrastructure includes multiple industrial gases production facilities across the region. The new on-site facility will be the largest ASU in the Mississippi River corridor of southeast Louisiana, complementing Linde’s existing strong hydrogen and syngas infrastructure in the area.

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