Linde Thailand to construct new liquid carbon dioxide plant
Linde Group member, Linde Thailand, will spend around THB500m (approximately $16.7m) on constructing a new merchant carbon dioxide (CO2) plant in Map Ta Phut, Rayong, Thailand.
The new CO2 plant, with the capacity to produce 300 tonnes per day (tpd), is expected to increase Linde Thailand's total CO2 production capacity to 1,200tpd.
Linde Thailand managing director Keerin Chutumstid said the company decided to spend on the new carbon dioxide manufacturing plant to meet the increasing needs of its customers and support growth and export competitiveness.
"It will also bolster our ability to support Linde's customers beyond Thailand's borders, across the wider ASEAN Economic Community (AEC)," Chutumstid added.
The plant is scheduled to go on stream in early 2014.
Linde South and East Asia regional business unit head Bernd Eulitz said the investment follows the company's investment of THB 3.5bn (approximately $ 117m) to build a liquid air separation plant with a capacity of 800tpd of liquefied gases.