Dhaka, 26 November, 2015 - Linde Bangladesh Limited, a subsidiary of The Linde Group’s Gases Division, today announced an investment of BDT 1.2 billion (EUR 14.6 million) in Rupganj to build an air separation unit (ASU) producing approximately 100 tons per day of liquefied gases, making it the largest liquid producing ASU in Bangladesh.
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.
At a press event announcing the new investment, Moloy Banerjee, Country Cluster Head of Linde Gases’ South Asian business, said this is testimony to Linde’s intentions for long-term growth and development in the region.
“We are excited to be part of the Bangladesh growth story, just as we always have through the decades. Bangladesh is an important part of our overall South Asian business and we see a strong potential in the market. This investment is an investment in the future, and it will create further opportunities for our gases offerings in Bangladesh and the South Asian region,” said Mr. Banerjee.
Erphan Shihabul Matin, Managing Director of Linde Bangladesh Limited, said: “Today marks an important milestone for us. With the new ASU and cylinder filling facility in Rupganj, we are committed to provide our customers high-quality gases solutions and reliable delivery that contribute value to their processes and business goals.”
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.