Linde Philippines (South) Inc., a subsidiary of The Linde Group, has publicised plans to invest €3.8m in a new carbon dioxide plant in the Philippines.
The carbon dioxide plant will augment the firm’s existing site at Balamban, Cebu, Philippines. It is set to produce an extra 24 tons per day (tpd) of carbon dioxide and is scheduled to come on-stream by January 2012.
Managing Director for Linde Philippines, Dennis Jordan, described the venture as highly significant to the company. He commented, “This new plant is a milestone for our business as it will be Linde’s largest merchant carbon dioxide plant in Visayas, and will double the overall volumes that Linde Philippines currently supplies to support Visayas and Mindanao and their carbon dioxide gases requirements.”
The facility will require PHP 219m (EUR 3.8m) of investment and is expected to serve the growing demands for carbon dioxide from Tsuneishi Heavy Industries, a key customer of Linde in Cebu.
Lee Bon Hian, Head of Cluster Countries for Linde’s gases business in South & East Asia, described how this development fits into the firm’s wider plans. He advised, “This latest investment, which follows our PHP 1bn new air separation plant facility at the same site, demonstrates our long-standing commitment to position our Philippines’ business to meet new growth opportunities. It also reaffirms our steadfast commitment to continually enhancing our supply and service capabilities to serve our valued customers and support their growth.”