Linde invests over EUR 110 MM in China for on-site gas production facilities
SHANGHAI -- Gases and engineering company The Linde Group, through its electronics gases JV in China, Linde LienHwa, is expanding its commitment to China and the Asia Pacific region through investments of over EUR 110 million. The capital is being allocated for new on-site gas production facilities in major electronics manufacturing clusters in the eastern and central provinces of China.
|Photo Courtesy of The Linde Group.
"These significant capital investments underscore Linde's continued commitment to our business in Asia Pacific in general, and China, in particular, and build upon earlier investments and capabilities in the region, including the recent start-up of our state-of-the-art R&D center in Taichung, Taiwan. Asia will continue to be a growth driver for Linde and we will continue to invest in Asia," said Sanjiv Lamba, Member of the Executive Board of Linde AG and Chief Operating Officer for Asia Pacific.
Linde LienHwa, together with Linde's Engineering Division, will design and construct these facilities. These projects include multiple gaseous nitrogen plants, with a combined capacity of over 110,000 Nm3/hr, plus several other bulk gas supply systems. All the plants will be on stream by the end of 2017.
Linde and its JV partners in China currently deliver gases solutions and systems to more than a dozen electronic production facilities across the major segments of the electronics industry, including those in semiconductor, display, solar and LED.
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