21 January 2013

Linde to invest €12 million in new liquid carbon dioxide plant in Rayong, Thailand

- Capacity of 300 tpd, comes on stream in early 2014
- Support customers across the ASEAN Economic Community (AEC)

Bangkok, Thailand - 18 January 2013 – 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) 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.  

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. 

Source: Linde Group