- Malaysia to remain a key market in South & East Asia
- Major investments in the pipeline
KUALA LUMPUR, 1 July 2008: MOX, the biggest industrial gases company in
Malaysia, will from today be known as MOX-Linde to reflect its status as a member
of one of the world leaders in gases and engineering, The Linde Group.
Following the acquisition of MOX by The Linde Group, the MOX and Linde business
operations have been integrated and is now better positioned to continue as the
number one industrial gases player in Malaysia with major investments in the
pipeline.
“With The Linde Group’s global expertise and support in the areas of gases
technology applications, plant operations, research and development we will gain
significant resources, experience and expertise to further improve and develop our
services and operations in Malaysia,” said Mr. Wong Siew Yap, Country Head of
MOX-Linde.
MOX-Linde brought on stream in the last six months two new plants with an
investment of about RM100 million in Shah Alam and Penang, adding a further 400
tonnes per day capacity. The gases company, with over 40 major plants and
installations across the country, is committed to further strengthen its business in
Malaysia. This is reflected by an extensive investment plan to expand production
capacity over the next two years.
“MOX-Linde assures its stakeholders that this integration will further strengthen our
focus in growing the business, develop our services and operations and continue to
be the number one in Malaysia,” said Wong.
Commenting on the integration, regional business unit head for Linde’s business in
South & East Asia, Mr Sanjiv Lamba said “Malaysia will remain one of our key
markets with tremendous opportunities for further growth. We expect continued
strong performance from a robust economy such as Malaysia’s.”
“MOX-Linde has great opportunity to leverage the strengths of Linde across Asia to
further grow its business in Malaysia”.
About MOX-Linde
Established since September 1960, MOX-Linde specializes in providing total gas
solutions, namely manufacturing and distributing industrial, specialty and medical
gases, installations of gas pipelines and allied engineering services. In addition,
MOX-Linde also offers packaged chemicals and welding products.
MOX-Linde was listed on Bursa Malaysia until August last year when the company
was taken private following the successful completion of a Mandatory General
Offer.
About The Linde Group
The Linde Group is a world leading gases and engineering company with more than
50,000 employees working in around 100 countries worldwide. In the 2007
financial year it achieved sales of EUR 12.3 billion. The strategy of The Linde Group
is geared towards earnings-based and sustainable 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. Linde is committed to technologies and products that
unite the goals of customer value and sustainable development.
For more information, see The Linde Group web site at www. linde.com .
For further information:
Stefan Metz
The Linde Group
stefan.metz@linde.com