Shanghai, CHINA, 17 March 2011 – Linde in Greater China, a member of The Linde Group, a world leading gases and engineering company, is expanding its liquid gases production and supply network in east China to meet the growing demand for liquid products from the upbeat development of the manufacturing sector in the region.
The Linde-designed stand alone merchant plant in Suzhou Industrial Park (SIP), Jiangsu province, China, will begin operations by mid 2012. The plant will produce more than 500 tonnes per day of liquid products in eastern China, offering a range of industrial and ultra high-purity grade liquid products to manufacturers from various sectors such as metals, chemicals and electronics.
The fast growing potential of China’s electronics industry will especially drive this demand for liquid products in the eastern region. Over the next three to five years, the industry is expected to grow at double digits. Electronics manufacturers such as those of TFT-LED, solar semiconductors require ultra high-purity liquid gases supply for their production processes that rely on gases application technologies. Linde serves China’s electronics sector through its electronics-focused joint venture, Linde LienHwa.
"Linde sees China as one of the most important markets where our company is committed to make significant and long term investments to capture growth opportunities. Our latest investment in east China plays a strategic role in further establishing Linde as the leading gases solutions provider in the region. Our Suzhou merchant plant will greatly enhance the supply of liquid products to manufacturers in the east,” says Steven Fang, Head of Linde Greater China.
In eastern China, Linde has well-established production and supply networks including Suzhou Industrial Park, Changzhou National Development zone and Shanghai Caojing Industrial Park.
The Linde Group is a world-leading gases and engineering company with around 48,500 employees working in more than 100 countries worldwide. In the 2010 financial year, it achieved sales of EUR 12.868 bn. 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. Linde is committed to technologies and products that unite the goals of customer value and sustainable development.
In Greater China, Linde has close to 4,000 employees working in around 50 subsidiaries and joint-ventures, and 150 operational plants in major industrial hubs across the region. Linde Greater China is headquartered in Shanghai.