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17-02-2011

Linde to build a new carbon dioxide plant in Cebu

Linde Philippines (South) Inc., a member of The Linde Group, announced it would invest PHP 219 million (EUR 3.8 million) to build a new 24 tons per day (tpd) carbon dioxide plant at its existing site at Balamban, Cebu, Philippines.

Scheduled to come on-stream by January 2012, the new plant will meet the growing demands for carbon dioxide from shipbuilder Tsuneishi Heavy Industries, a key customer of Linde in Cebu.

Linde Philippines’ Managing Director Mr. Dennis Jordan said, “This new plant is a milestone for our business as it will be Linde’s largest merchant carbon dioxide plant in Visayas, and will double the overall volumes that Linde Philippine currently supplies to support Visayas and Mindanao and their carbon dioxide gases requirements.”

Mr. Lee Bon Hian, Head of Cluster Countries for Linde’s gases business in South & East Asia said, “This latest investment, which follows our PHP 1 billion new air separation plant facility at the same site, demonstrates our long-standing commitment to position our Philippines’ business to meet new growth opportunities. It also reaffirms our steadfast commitment to continually enhancing our supply and service capabilities to serve our valued customers and support their growth”.

For more information, see The Linde Group online at http://www.linde.com

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