The Linde Group, through its Swiss subsidiary PanGas AG, is to build a new air separation plant in Muttenz, in the Swiss canton of Basel-Land, for around €44m (68 million Swiss francs).
The new plant, which will have a capacity of over 500 tonnes of liquefied nitrogen, oxygen and argon per day, will come on stream in the late autumn of 2010.
As the largest and most modern plant in the region, liquid products produced from the facility will also be transported in an environmentally friendly way, by rail.
“This new air separation plant will enable us to increase security of supply, especially for chemical and pharmaceutical companies sited at the point where the borders of Switzerland, Germany and France meet (known as the Dreiländereck Basel),” explained Linde AG Executive Board member Dr Aldo Belloni.
“What's more, Linde’s capital investment underlines our commitment to this location and to our customers in the region.”
In addition to the new production plant, the German industrial gas major will be building an extension to the offices of the Basel Advisory Centre.