Representing The Linde Group’s single largest investment in Malaysia, MOX- Linde has opened its €47m air separation unit in Pasir Gudang. The move reflects the firm's interest in Asia.
MOX Linde Gases Sdn Bhd, a component of The Linde Group, has officially opened its new €47m air separation unit (ASU) in Pasir Gudang, Malaysia. A move which represents the firms largest single investment in Malaysia.
Work began on the facility in November of last year. During today’s opening ceremony, Dr Reitzle, CEO of The Linde Group, highlighted the significance of the investment to the firm, “This RM200 million plant is Linde’s single largest investment in Malaysia, and demonstrates Linde’s long term commitment to growing its business here. Asia is key in our company’s strategy and we remain prepared to invest further in Asia and Malaysia to meet the growing demand for industrial gases in this region.”
Officiating the ceremony Dr Reitzle was accompanied by Tan Sri Dr Ahmad Tajuddin Ali, Chairman of MOX-Lince, SY Wong, Managing Director of MOX-Linde alongside members of the Linde Executive Board; Dr Aldo Belloni and Sanjiv Lamba.
Wong described the significance of the addition to the region itself, “This facility, which is capable of producing over 500 tonnes per day of gases and liquid, is one of the largest ASUs in Malaysia and the largest and only merchant plant strategically located in the south.”
He continued, “From this site, MOX-Linde serves the steel and chemical industries in the area, including the world's largest palm-based edible oils and oleo-chemical cluster and also one of the largest petrochemical complexes in Malaysia located in the vicinity. It will also further strengthen MOX-Linde’s leading position as the largest industrial gases company in Malaysia, and complement and strengthen The Linde Group’s business operations in neighboring Singapore,”
MOX-Linde operates 55 major plants and installations across the country, and is also executing its plans to set up the country’s biggest carbon dioxide plant with an investment of RM60 million (€14 million) in Kertih, Terengganu to augment its existing production capability.
gasworld.com/news.php?a=5581&utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+Gasworld+%28Gasworld+Industrial+Gas+-+Global+News%2C+Conferences+and+Business+Directory%29&utm_content=Yahoo%21+Mail
No comments:
Post a Comment
have something interesting to say? We'd love to hear your input.