Linde Malaysia may in­vest RM2b in 5 years

New Straits Times - - Business -

BANT­ING: Linde Malaysia Sdn Bhd, a unit of Ger­man-based Linde Group, may in­vest about RM2 bil­lion in Malaysia un­der the com­pany’s pro­posed five-year plan, said its Asia Pa­cific chief op­er­at­ing of­fi­cer San­jiv Lamba.

“We as­pire to in­vest even more and might reach the RM2 bil­lion mark, if the op­por­tu­nity arises as our in­vest­ments are linked to the in­vest­ments of our cus­tomers.

“As our cus­tomers put in­vest­ments on the ground, we will in­vest to sup­port their growth,” he said at the launch of the com­pany’s plant, here, yes­ter­day.

“It (the in­vest­ments) will de­pend on us se­cur­ing cus­tomers’ projects in the coun­try with the na­tional oil and gas com­pany, Petro­liam Na­sional Bhd (Petronas), and some large chem­i­cal com­pa­nies,” said Lamba.

He said as the mar­ket leader with a 50-year pres­ence in the coun­try, Linde had an es­tab­lished track record of con­tin­ued in­vest­ments and of bring­ing the lat­est tech­nol­ogy to Malaysia.

“We see chem­i­cals and re­fin­ing as agents of growth. We are work­ing with Petronas and its sub­sidiaries, and we have re­cently started a new plant in Gebeng, Pa­hang, for one of the largest Ger­man chem­i­cal com­pa­nies in the world,” said Lamba. Ber­nama

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