Bangkok, Thailand, 18 January 2013 – Linde Thailand Public Company Limited (Linde Thailand), a member of The Linde Group, announced that it will invest about Bt 500 million (about EUR 12 million) to install a new merchant carbon dioxide plant in Map Ta Phut, Rayong.
Managing Director of Linde Thailand, Mr Keerin Chutumstid said, "We continue to see rising demand from our customers in the energy, chemical, fabrication and food & beverage sectors, and have therefore decided to invest in a new carbon dioxide production facility to ensure that Linde is well-placed to meet the increasing requirements of our customers and effectively support their growth and export competitiveness."
"Our new carbon dioxide plant, which will have a capacity of 300 tons per day (tpd) once it comes on stream in early 2014, will raise Linde Thailand's total carbon dioxide production capacity to 1,200 tpd, reinforcing our position as a major carbon dioxide production hub for Linde in this region. It will also bolster our ability to support Linde's customers beyond Thailand’s borders, across the wider ASEAN Economic Community (AEC)," Mr Chutumstid added.
Mr Bernd Eulitz, Regional Business Unit Head for Linde in South & East Asia, said, "Thailand's economy has shown great resilience and continues to expand steadily even in today's more uncertain global macroeconomic climate. This latest investment, which follows our investment of Bt 3.5 billion to build what will be Thailand's largest liquid air separation plant with production capacity of 800 tpd of liquefied gases once it is ready in 2013, demonstrates Linde's confidence in Thailand as a very attractive market with excellent long term growth prospects."
Linde Thailand, formerly known as Thai Industrial Gases (TIG), is Thailand's leading gases company, with the most comprehensive industrial, specialty and medical gases product portfolio and largest direct sales network across the nation. With more than 40 years of successful operations, the company combines deep local knowledge with global expertise, resources and best operating practices to provide high quality total gas solutions to a variety of industries across Thailand.
About Linde (Thailand) Public Company Limited
Linde (Thailand) Public Company Limited is the leading industrial gas supplier in Thailand since 1970. The company manufactures and distributes industrial, specialty and medical gases, and provides a full range of related services including the installation of gas equipment, pipelines, on site plants and associated engineering services. It also supplies a wide range of welding goods and safety products. Linde Thailand operates more than 20 major installations across Thailand and is committed to delivering quality and reliable solutions that create value for its customers.
For more information, please see Linde Thailand online at www.linde.co.th
About The Linde Group
The Linde Group is a world-leading gases and engineering company with around 62,000 employees in more than 100 countries worldwide. In the 2011 financial year, Linde generated revenue of EUR 13.787 bn. The strategy of the Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. The Group is committed to technologies and products that unite the goals of customer value and sustainable development.
For more information, see The Linde Group online at www.linde.com
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Thai Industrial Gases