Linde Thailand, a member of The Linde Group, announced that it will invest about Bt 500m (about €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 and 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 tonnes 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 3.5bn 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.