150 million euro investment
Linde Malaysia Sdn Bhd, a subsidiary of The Linde Group, has established a joint venture company with PETRONAS Gas Berhad (PGB) to build a state-of-the-art industrial air gas facility that will produce gaseous oxygen and nitrogen to supply the needs of PETRONAS’ world-scale Refinery and Petrochemicals Integrated Complex (RAPID), within the Pengerang Integrated Petroleum Complex (PIPC) in southern Malaysia.
Linde and PETRONAS’ joint venture company, Pengerang Gas Solution Sdn Bhd (PGS), has also secured long-term agreements for the supply of oxygen and nitrogen to the world-scale refinery and petrochemical complex, which includes an ethylene oxide/ethylene glycol plant. PGS will build two large air separation units and associated gas facilities resulting in a total investment of 150 million euros.
Dr Wolfgang Buechele, Chief Executive Officer of Linde AG, said: “This major on-site project enables us to leverage the technical and execution expertise of our Engineering Division and the operational know-how of our Gases Division in very close co-operation. It further strengthens our market position as the leading air gases supplier to the oil and gas and petrochemicals sector.”
Sanjiv Lamba, Chief Operating Officer for Asia Pacific and Member of the Executive Board of Linde AG, said: “This is Linde’s second joint venture with PETRONAS Gas Berhad and it underscores our long-standing and successful partnership. We are proud to continue to create value for our customers through our world-class technologies and innovative solutions.”