MOX, Malaysia“s largest industrial gas company which is now a member of global gases and engineering company Linde Group, has brought on stream two new plants with an investment of approximately MYR …
MOX, Malaysia“s largest industrial gas company which is now a member of global gases and engineering company Linde Group, has brought on stream two new plants with an investment of approximately MYR 100 million in the last 6 months. The first plant, in Shah Alam, was commissioned at the end of 2007 while the second in Penang was commissioned in April 2008. The new plants have added 400 tonnes per day capacity. In addition, as part of its aggressive growth and investment strategy in Malaysia, MOX will invest a further MYR 250 million to expand production capacity over the next two years, according to its newly appointed country head, Mr Wong Siew Yap. “This will be one of the largest investment tranche seen in the 48-year history of MOX. Included are investments that will meet the increased needs of long term electronics and glass customers in the east coast and the Klang Valley. The plants are scheduled to be completed by early 2009,” Mr. Wong said in a statement on 28 May 2008. “Another significant tranche of capacity for the production of oxygen, nitrogen and argon will also be added in the southern region in 2010, making it the largest plant for the area. With almost 600 tonnes per day of output, this plant will meet demands in the steel and chemical industries boosting supply and service reliability, while at the same time complementing The Linde Group“s business operations in Singapore,” said Mr. Wong. MOX, which has over 40 major plants and installations across the country, is also finalising plans to set up the nation“s largest carbon dioxide plant to increase on its existing production capacity currently located in Kemaman and Kertih in Terengganu. “With these investments, coupled with our innovative technical solutions, competent workforce and the fact that MOX is now a member of The Linde Group, we are well positioned to continue to be the number one industrial gas company in Malaysia”, he added. His view was endorsed by the regional business unit head for Linde“s business in South and East Asia, Mr Sanjiv Lamba. “Malaysia is one of our key markets with tremendous opportunities for further growth. We expect continued strong performance from a robust economy such as Malaysia“s”.