MOSCOW (MRC) -- Linde Bangladesh Limited, a subsidiary of The Linde Group's Gases Division, announced an investment of BDT 1.2 billion (EUR 14.6 million) in Rupganj to build an air separation unit (ASU) producing approximately 100 tonnes per day of liquefied gases, making it the largest liquid producing ASU in Bangladesh, said the company on its site.
Linde's new ASU, due to come on stream by 2017, will provide liquefied gases supply and related solutions to Bangladesh's growing healthcare, food and beverage, fabrication, pharmaceutical, shipbuilding and ship recycling industries.
The Rupganj plant will more than double Linde Bangladesh's current production capacity, strengthening Linde's position as the leading gases player in Bangladesh. A state-of-the-art cylinder filling site at Rupganj will also be built to provide a range of cylinder products to customers across all market segments.
The new ASU will be built leveraging The Linde Group's engineering technical and design expertise. Linde's world-leading technology in air separation design offers high energy efficiency and operational reliability.
As MRC informed earlier, Gazprom, the largest gas company in the world, chose the German Linde licensor for the Amur gas processing plant.
Linde Bangladesh Limited is a member of The Linde Group that has been present in Bangladesh since the 1950's. A pioneer multinational company in the gases business, Linde Bangladesh has operations today in Tejgaon, Rupganj and Shitalpur. With close to 20 sales centers spread throughout the country, Linde Bangladesh serves over 35,000 customers from a wide array of industries - from hospitals to fabrication and from steel to food packaging and beverages.
Linde is a global major focused on industrial technologies for gas treatment and gas separation with ethane, propane and heavier fractions stripping. In addition, the company designs and builds cryogenic plants for gas and helium liquefaction. In the 2014 financial year, Linde Group generated revenue of EUR 17.047 bn, making it the largest gases and engineering company in the world with approximately 65,500 employees working in more than 100 countries worldwide.
MRC