Severstal acquires 26% stake in joint venture with Linde

PAO Severstal announces that it has signed an agreement to purchase a share in a joint venture (JV) with Germany’s Linde AG. The JV produces coil-wound heat exchangers for use at medium-scale and large-scale LNG plants. Upon completion of the transaction Severstal will control a 26% stake, and Linde a 74% stake in the joint venture.

Read more at Severstal acquires 26% stake in joint venture with Linde.

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