Linde Korea officially opens new USD 180 million plant in Giheung

04-Nov-2011 - Korea, Republic of (South Korea)

Linde Korea, a member of The Linde Group, held a ceremonial event to celebrate the completion of its second air separation plant in Giheung, which has a total investment value of USD 180 million (about KRW 206 billion / EUR 130 million). The ceremony was graced by Mr Hak-Kyu Kim, Mayor of Yongin, Mr Moon Yeon Ho, Director General of Gyeonggi Province, Mr Sanjiv Lamba, Member of the Executive Board of Linde AG, and Mr Brett Kimber, President of Linde Korea.

Linde Korea's new facility is capable of producing high purity industrial gases which are required in diverse manufacturing processes. With the additional capacity from its new plant, Linde Korea is well-positioned to supply the rising requirements for nitrogen, oxygen and argon from its customers involved in the steel, electronics, semiconductor, metal, glass, shipbuilding, automotive and petrochemical industries.

Since its establishment in Pohang in 1988, Linde Korea has continuously expanded its product and services portfolio as well as its footprint across the country. Linde Korea's customers include major Korean conglomerates such as Samsung, LG, Posco, Honam Petrochemical, and Hynix.

The company recently announced it will be constructing a new 5,200 tons per annum nitrous oxide production plant in Chungnam Asan, the biggest of its kind in Korea. Linde Korea also operates industrial gas facilities in Dangjin and Chungnam Daesan Petrochemical Complex and two factories in Pohang.

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