The agreement involves the construction of a new air separation unit (ASU) at Corus’s Scunthorpe site, North Lincolnshire, UK, for around E80 million.

The new ASU with a capacity of 1,600 tonnes per day oxygen as well as smaller quantities of nitrogen will go on-stream in mid 2010 in order to support the increase in steel output from the site. The Linde investments also involve refurbishment of the existing ASU and a significant extension of the pipeline network supplying the steelworks.

Aldo Belloni, member of the executive board of Linde, said: This agreement seals the long term future of our relationship with one of our largest customers in the UK and confirms our market leadership in this key market.