BRIDGEWATER, N.J., June 15, 2017 /PRNewswire/ -- Linde North America Inc., today announced a new production joint venture with Air Products to build a large-scale air separation unit (ASU) and industrial gas liquefier in Glenmont, NY. The 50/50 joint venture will operate under the name East Coast Nitrogen and will produce liquid oxygen, nitrogen and argon.
"This joint venture is one of a series of investments that continue to support our North America growth strategy," said Chris Ebeling, Vice President, Merchant & Packaged Gases Sales & Marketing, Linde North America Inc. "This new venture further underscores our continued expansion in our gas application technologies while at the same time adding to our reliability and efficiency of our network."
The new facility will be built at an existing Air Products' location in Glenmont, NY and is expected to begin operations toward the end of December / fourth quarter of 2018.
The plant will have a production capacity of over 1000 tons per day of LOX and LIN and will serve the growing requirements of customers from the food, manufacturing, metals, glass, chemical, electronics and healthcare industries. The new plant is designed to be extremely energy efficient while maximizing production capability.
"This expansion through the JV is consistent with Air Products' efforts to leverage its production capabilities in order to reliably meet the needs of our growing customer base," said John Robinson, Vice President and General Manager of Air Products' Industrial Gases - Americas North Region.
Linde North America Inc., is a member of The Linde Group, one of the leading gases and engineering companies in the world. Linde currently operates 14 sites and serves over 400 customers in the state of New York.
"Linde has a long history in the State of New York, and we are pleased to support new investments in what we have found to be one of the most business-friendly states in the country," Ebeling said.
About The Linde Group
In the 2016 financial year, The Linde Group generated revenue of $17.9 bn (EUR 16.948 bn,) making it one of the leading gases and engineering companies in the world, with approximately 60,000 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, visit www.lindeus.com
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SOURCE Linde North America, Inc.