On 18 January 2013, the Linde (Thailand) Public Company Limited, a member of The Linde Group, announced that it will be investing approximately about 12 million EUROS to build a new merchant CO2 plant in Map Ta Phut, Rayong.
Mr. Keerin Chutumstid, the Managing Director of Linde Thailand, stated: “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."
As Thailand’s leading gases company, Linde Thailand, formerly known as Thai Industrial Gases (TIG), has the most comprehensive industrial, specialty and medical gases product portfolio and the largest direct sales network in the country. Once the new liquid CO2 plant is completed in 2014, it will have a production capacity of 300 tons per day (tpd), increasing Linde Thailand’s total CO2 production capacity to 1,200 tpd. According to Mr. Chutumstid, this will increase the company’s ability to provide support to customers beyond Thailand’s borders, across the wider ASEAN Economic Community (AEC). The additional CO2 plant will reinforce Linde Thailand’s position as a major CO2 production hub in the region.
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 approximately 90 million Euros 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."
About Linde (Thailand) Public Company Limited
Since 1970, Linde (Thailand) Public Company Limited has been the leading industrial gas supplier in the country. The company manufactures and distributes industrial, specialty and medical gases to a variety of industries. Linde (Thailand) provides a full range of related services including the installation of gas equipment, pipelines, on site plants and associated engineering services. The company also supplies a wide range of welding goods and safety products. Linde (Thailand) has over 40 years of experience and currently operates more than 20 major installations throughout Thailand.
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. The Group’s strategy emphasises long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. The Group is committed to technologies and products that unite the goals of customer value and sustainable development.