Trade News
Bintulu, MALAYSIA, 12 April 2016 – Linde Eastern Oxygen Sdn Bhd (Linde EOX) , a subsidiary of Linde Malaysia Sdn Bhd, today announced an investment of RM33 million (EUR 7.4 million) in Tanjung Kidurong to build an air separation unit (ASU) producing approximately 33 tonnes per day of liquefied gases, in addition to its existing ASU in Kuching. With this new investment, Linde EOX will become the largest liquefied ASU gases producer in East Malaysia, with a total production capacity of 66 tonnes per day.
Linde will design, build and manage the new ASU. When it comes on stream in 2017, the plant will provide liquefied gases supply and related solutions to serve East Malaysia’s growing engineering, construction, healthcare, chemical, metal processing, and oil and gas industries.
The new plant is the latest in a series of investments by Linde EOX, following Linde Malaysia Sdn Bhd’s acquisition of Eastern Oxygen Industries Sdn Bhd (EOX) in 2011. Prior investments include a nitrogen generator in Kuching and a cylinder refilling plant in Bintulu in 2014.
Ashley Mills, Managing Director of Linde Malaysia, said this is testimony to Linde’s intentions for long-term growth and development in East Malaysia.
“We are upbeat about the market growth in East Malaysia since the introduction of SCORE (Sarawak Corridor of Renewable Energy), where we are witnessing substantial in-flow of global and domestic investment in Sarawak. In line with the industrial growth, this ASU is Linde’s third major investment in East Malaysia, following the consolidation move with EOX, taking our total investment to-date to approximately RM50 million (EUR 11 million),” said Mr. Mills.
“As the leading industrial and medical gases company in Malaysia, we are committed to strengthening our supply capabilities and service offerings to better serve existing and new customers. We will continue to invest strategically to expand our footprint in East Malaysia,” he added.
The new ASU will be built leveraging The Linde Group’s engineering technical and design expertise. Linde’s world-leading technology in air separation design offers high energy efficiency and operational reliability.
About Linde Malaysia
Linde Malaysia, a member of The Linde Group, has been present in Malaysia since 1960. A leading industrial and medical gas supplier in Malaysia with more than 50 years of experience in the industry, it combines local knowledge with global expertise and resources in the areas of technology, research and development, gas applications, engineering and best operating practices.
Linde Malaysia is the specialist in the provision of total gas solutions to a variety of industries. It manufacture and distribute industrial, specialty and medical gases and provide a range of related services, including installation of gas equipment, pipelines and associated engineering services. In addition, it supplies packaged chemicals, welding and consumables products.
For more information see www.linde.com.my.
About The Linde Group
In the 2015 financial year, The Linde Group generated revenue of EUR 17.944 bn, making it the largest gases and engineering company in the world with approximately 65,000 employees working in more than 100 countries worldwide. The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. The company is committed to technologies and products that unite the goals of customer value and sustainable development.
For more information, see The Linde Group online at www.linde.com.
