Thailand, Bangkok – 24 August 2011: Thai Industrial Gases Public Company Limited (TIG), a member of The Linde Group, announced that it will invest Bt 3.5 billion (about EUR 78 million) to install a new state-of-the-art air separation plant in the Eastern Industrial Estate (EIE) at Map Ta Phut, Rayong.
TIG’s new plant will be the largest liquid air separation plant in the country once it is commissioned in September 2013. The new plant will be built adjacent to the company’s existing facility in Map Ta Phut, which will be maintained to ensure reliability of supply.
Managing Director of TIG, Mr Keerin Chutumstid said, “Our new air separation plant represents a milestone for our business as it will be TIG’s flagship plant, capable of producing 800 tons per day (tpd) of liquefied gases. Once on stream, the plant will significantly increase our capacity and enable us to better serve our existing and potential new customers in the electronics, steel, petrochemical, chemical, food & beverage, and medical sectors across the country.”
“As TIG’s sixth air separation facility in Thailand, the new plant will also reinforce our long-standing position as the largest industrial gases company in Thailand. Furthermore, it reaffirms our commitment to continually enhancing our supply and service capabilities to ensure that we are well-positioned to support the growth of our valued customers in the medium to longer term,” Mr Chutumstid noted.
Earlier this year, TIG invested Bt 417 million (about EUR 9.3 million) to upgrade its infrastructure and equipment in Map Ta Phut, including the installation of a new nitrogen compressor and pipeline network to increase reliability of supply and extend its distribution capabilities to customers in the vicinity.
Mr Sanjiv Lamba, Member of the Executive Board of Linde AG and Regional Business Unit Head for Linde South & East Asia, said, “Thailand is a key market for The Linde Group and we are keen to expand our business here in Thailand, where we see a robust growth of demand for our products and services in line with the country’s steady economic and industrial growth. Linde’s decision to build this new plant, our largest investment in the country, demonstrates our strong and continued commitment to meet new market opportunities and grow our business in Thailand,” Mr Lamba added.