BAKU, Azerbaijan, September 30. President
Kassym-Jomart Tokayev welcomed Linde’s plans to implement new
projects in Kazakhstan with a potential investment volume of up to
$500 million, during a meeting with Oliver Pfann, Senior Vice
President of Linde GmbH, the president's press service
reported.
“President welcomed Linde’s plans to implement new projects in
Kazakhstan with a potential investment volume of up to $500
million. In particular, the signing of an agreement between Linde
and Qarmet on the construction of a new air separation unit in
Temirtau was noted,” the presidential press service said.
Tokayev highly assessed Linde’s contribution to the development
of Kazakhstan’s industrial sector. The company is one of the
world’s leading players in industrial gases and engineering, and
its technologies are widely used in the metallurgical, mining,
chemical and energy sectors, healthcare, electronics and high-tech
manufacturing.
During the meeting, the sides discussed prospects for
implementing joint projects in the petrochemical industry.
Tokayev particularly highlighted Linde’s advanced developments
in carbon capture and storage, as well as the company’s plans to
develop hydrogen infrastructure, which are in line with
Kazakhstan’s goals for the transition to a green economy.
In this context, Tokayev briefed Pfann on the development of
petrochemical and chemical clusters in the Atyrau and Mangystau
regions and invited Linde to participate in implementing promising
projects in these sectors.
In turn, Pfann thanked the president for supporting the
company’s initiatives and expressed readiness to further expand the
partnership and establish new production facilities in
Kazakhstan.
