Linde signs new long-term agreement with major electronics customer in Taiwan

ACCESS Newswire
07 Nov 2019, 16:43 GMT+10

GUILDFORD, UK / ACCESSWIRE / November 7, 2019 / Linde (NYSE: LIN; FWB: LIN), announced today that its joint venture, Linde LienHwa (LLH), will invest approximately USD 100 million to build three new high purity on-site plants under a long-term agreement with a major electronics company in Taiwan.

Linde will build, own and operate three state-of-the-art SPECTRA generators to produce high purity nitrogen, oxygen, and argon. Following planned completion in 2021, the plants will have a combined total gas capacity of 125,000 Nm³ per hour to support the customer's new multi-billion-dollar wafer fab expansion.

'LLH is proud to have been selected to provide critical high purity gases to our customer's new wafer fab complex. This agreement is a recognition of LLH's proven track record of more than 30 years of reliable supply to the semiconductor industry in Taiwan,' said Alex Tong, President of Linde LienHwa.

About Linde
Linde is a leading industrial gases and engineering company with 2018 pro forma sales of USD 28 billion (EUR 24 billion). The company employs approximately 80,000 people globally and serves customers in more than 100 countries worldwide. Linde delivers innovative and sustainable solutions to its customers and creates long-term value for all stakeholders. The company is making our world more productive by providing products, technologies and services that help customers improve their economic and environmental performance in a connected world.

For more information about the company, please visit www.linde.com

About Linde's Spectra brand

SPECTRA product range includes gas mixtures to support high precision laser applications for eye surgery and semiconductor manufacturing, xenon to propel satellites through space and the most exotic VOC calibration gas mixtures for highly sensitive environmental measurement and pollution control.

Contacts:
Investor Relations Juan Pelaez Phone: +1 203 837 2213 Email: [email protected]	Media Relations Anna Davies Phone: +44 1483 244705 Email: [email protected]

SOURCE: Linde plc

View source version on accesswire.com:
https://www.accesswire.com/565673/Linde-signs-new-long-term-agreement-with-major-electronics-customer-in-Taiwan