Over $250 Million Investment in Texas Includes Installation of New Neon Production Unit
BRIDGEWATER, New Jersey and SAN FRANCISCO, July 6, 2016 /PRNewswire/ -- To further assure a long-term and secure supply of neon for its customers worldwide, Linde Electronics and Specialty Gases has made yet another investment to support its vertically integrated neon supply chain. The major part of the investment is the installation of a neon production facility at Linde's largest US based atmospheric gases unit (ASU) in La Porte, Texas, which produces oxygen, nitrogen and argon for the petroleum and petrochemical markets in the Houston area.
The new production unit will add 40 million liters annually to Linde's neon supply, primarily to support customers in the semiconductor lithography and laser vision correction markets.
"This is an important part of our strategy to increase our overall neon supply and meet the growing needs of our customers," said Matt Adams, Vice President, Electronics and Premium Products. "It is yet another example of Linde's commitment to provide a robust supply chain of consistent quality products to our global customers."
The new investment also includes upgrades to Linde's purification and distribution capabilities at several locations around the world.
Linde, the industry leader in laser gases and ancillary technology, is the only neon provider with end-to-end supply chain and quality control capabilities in-house – from plant design and production to multiple-site purification and blending.
"Linde already has a deep understanding of the latest technologies, OEM activity and customer requirements," Adams said. "We have decades of experience in refining our global production, analytics, distribution and local stocking/service network. We believe this new investment will allow Linde to further enhance this leadership position well into the future."
Linde Electronics and Specialty Gases will be exhibiting at SEMICON West tradeshow in San Francisco July 12-14. Its focus will be on the quality, expertise, commitment and environmental leadership that Linde Electronics brings to the semiconductor industry through such offerings as electronic specialty gases, on-site solutions, materials recycling and recovery and SPECTRA® nitrogen plants.
SEMICON West is the annual tradeshow for the micro-electronics manufacturing industry. All visitors are welcome to visit Linde in booth number 1505 in the South hall in the Moscone Center in San Francisco. For further inquiries, please contact Francesca Brava at email@example.com.
Linde Electronics and Specialty Gases is part of Linde LLC, a member of The Linde Group. In the 2015 financial year, The Linde Group generated revenue of USD19.7 bn (EUR 17.944 bn), making it one of the leading gases and engineering companies in the world, with approximately 65,000 employees working in more than 100 countries worldwide. The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment in every one of its business areas, regions and locations across the globe. The company is committed to technologies and products that unite the goals of customer value and sustainable development.
For more information, see The Linde Group online at www.linde.com
SOURCE The Linde Group