Linde India
LINDEINDIA · Oil & Gas > Industrial Gases & Fuels · Chairman: Robert John Hughes · MD: Abhijit Banerjee · Listing date: Oct. 24, 1994 · Employees: 263 · Kolkata · http://www.linde.in

Linde India (Linde), formerly BOC India Limited, is a member of Linde plc. The company owns India's largest air separation plant and operates several facilities across the country. Linde India has maintained a strong presence in India since 1935 and has grown into one of the country's leading gases and engineering companies. It offers one of the most comprehensive portfolios of industrial, specialty, and medical gases, supported by one of the largest direct sales and distribution networks in the country, serving a wide range of industries.

Its Project Engineering Division (PED) is engaged in the design, supply, installation, and commissioning of tonnage air separation units (ASUs), as well as projects involving the establishment of nitrogen plants, pressure swing adsorption (PSA) plants, and gas distribution systems. PED also manufactures cryogenic vessels for both in-house use and sale to third-party customers.

Leveraging access to a vast resource pool, an extensive network of plants, strong mobilization capabilities, and a nationwide distribution network, Linde provides a variety of supply systems, end-to-end services, and industrial, medical, and specialty gases to meet and exceed customer requirements. Strategically located cylinder bottling units across the country, along with a robust fleet of cryogenic bulk tankers, enable Linde India to maintain a leadership position in the supply of industrial gases nationwide.

Business area of the company 

The company is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non-cryogenic air separation plants.

Business segments

The company operates through two primary business segments that together support the nation’s industrial growth and infrastructure development.

  • Gases, Related Products & Services: This segment encompasses onsite, bulk, and packaged gas solutions tailored to the needs of diverse industries.
  • Project Engineering Division (PED): PED segment focuses on the design, engineering, supply, installation, and commissioning of medium to large-tonnage air separation units (ASUs).

Important events

2010

Enters North India market with its stand alone ASU of 221 tpd capacity

2011

Brings on stream its 420 tpd ASU in Kalinganagar, Odisha for Jindal Stainless Acquisition of Cryogenic Food GasesCommencement of commercial Production at the Company's 418 tpd Air Separation Unit at Kalinganagar, Orissa.

2012

Starts construction of two large ASUs in Kalinganagar in Odisha, each with a capacity 1,200 tpd of gases to supply Tata Steel's greenfield steelworks from 2014Company has changed its name from BOC India Ltd. to Linde India Ltd.

2013

BOC India rebrands as Linde India

2014

Linde India launches its first dedicated cylinder filling site for healthcare medical gases at SiliguriLinde India sets up new facility in West Bengal

2015

The company launched initiative, called ‘CX’ (Customer eXperience) aimed at redefining service levels, aligning the organization in one direction, simplifying processes, improving the customer interface; and overall, creating a culture of celebrating customer delight.

2016

The Kalinganagar ASUS involved an investment of around EUR 80 million. The first of the two ASUS was commissioned on February 28, 2016 with the second unit coming online on March 31, 2016. 

2017

The company has launched light weight aluminium cylinders for medical oxygen in the markets in India.

2018

The company launched Linde’s patented LIV cylinders for medical oxygen in select cities, which is getting very good response in the markets.

2019

Signed Business Transfer Agreement for divestment of South Region Divestment Business.

2020

Received an approval from the Board to enter into a joint venture (JV) with Praxair India, with both Linde India and Praxair India holding 50% of the total issued and paid-up share capital of the Joint Venture Company which will provide O&M Services to both companies.

2021

Signed a business transfer agreement with HPS Gases to takeover the entire packaged gases vertical along with certain distribution assets for an aggregate cash consideration of Rs 27.5 crore.
Signed and executed the closing documents and agreements with HPS Gases for completing the acquisition of the packaged gases business of HPS Gases, Vadodara.

2022

Acquired 11,375,000 (26%) equity shares of Rs 10 each in Avaada Mhyavat. The company has invested a sum of Rs 11.40 crore in Avaada Mhyavat.

Inaugurated first-ever women operated Packaged Gas Plant (PGP) in Trichy on July 6, 2022. 

Signed a long-term agreement with Jindal Stainless (JSL) for setting up of a 1,450 tonnes per day new Air Separation Unit (ASU) to meet industrial gases requirement for JSL's expansion project at Kalinganagar in Odisha.

2023

Inaugurated the mechanical construction work at its new, upcoming Air Separation unit (ASU) at Ludhiana, Punjab.

Declared a successful bidder by Tata Steel for acquiring their industrial gas supply assets - 2X1800 tpd Air Separation Units (ASUs) presently under construction in their Kalinganagar Phase 2 expansion project.

Invested a sum of Rs 7.69 crore in FPEL Surya towards subscription of 15,39,000 equity shares (26%) of face value Rs 10 each (allotted at a premium of Rs 40 each).

2024

Entered into the Plant Sale agreement with Tata Steel for acquiring their industrial gas supply assets - 2X1800 tpd Air Separation Units (ASUs) at their Kalinganagar Phase 2 expansion project.

2025

Entered into long term contract with Asian Paints (Polymers) for supply of Industrial Gases through pipeline at its upcoming manufacturing facility at Dahej, Gujarat, for manufacturing of Vinyl Acetate Monomer and Vinyl Acetate Ethylene Emulsion.

2026

Started commercial production at its new Air Separation Unit (ASU) at Jindal Stainless (JSL) at Kalinganagar, Odisha.