Linde acquiring Singapore Syngas plant from ChevronTexaco

Linde AG of Wiesbaden, Germany, agreed to buy Singapore Syngas Private Ltd., a ChevronTexaco Corp. company, in a move to strengthen Linde's position in southeastern Asia.

July 15, 2004

By OGJ editors
HOUSTON, July 15 -- Linde AG of Wiesbaden, Germany, agreed to buy Singapore Syngas Private Ltd., a ChevronTexaco Corp. company, in a move to strengthen Linde's position in southeastern Asia.

Financial terms were withheld. Singapore Syngas operates one of the world's largest gasification plants for generating hydrogen and carbon monoxide. The plant is on Jurong Island, a large integrated petrochemical complex, in Singapore.

ChevronTexaco said it was selling the plant as part of its continuing portfolio review.