Trade News
Singapore, January 6, 2016 – Linde Gas Singapore, a subsidiary of The Linde Group’s Gases Division, and Celanese Singapore (Celanese) today announced a new agreement that strengthens the existing relationship between both companies.
Under the exclusive agreement, which came into effect on 1 January 2016, Linde Gas Singapore will continue to supply carbon monoxide to Celanese’s operations on Jurong Island for the production of acetic acid. The agreement enables both parties’ sustainable future operations in Singapore.
Sanjiv Lamba, Chief Operating Officer for Linde’s Asia Pacific business said, “Celanese is one of our key global customers and we have been supplying Celanese’s carbon monoxide requirements in Singapore for more than 10 years. The new agreement underscores our commitment to Singapore and the Asia Pacific region, and in particular, to our customers in Singapore. We are thrilled to be able to continue our long standing relationship with Celanese in the coming years. I am proud of the dedication shown by our Singapore team in working closely with Celanese to ensure that we continue to meet their supply needs.”
“Over the last several years, Celanese has focused on enhancing its acetyl chain operating model to ensure it can be competitive in this challenging market environment. This new agreement with Linde advances our ability to improve the flexibility of our acetic acid business. We are excited about the opportunity to enhance our strategic relationship with Linde and look forward to our future in Singapore,” stated Patrick Quarles, President, Acetyl Chain and Integrated Supply Chain for Celanese.
Linde Gas Singapore operates one of the largest gasification plants in Asia Pacific, producing gaseous hydrogen and carbon monoxide, as well as a high performance air separation unit. Celanese began its Singapore acetic acid operations in 2000, and has been supplied by Linde since 2004 when Linde acquired the gasification facility and the air separation unit from a multinational energy company.
About Linde Gas Singapore Pte. Ltd.
Linde Gas Singapore Pte. Ltd., located on Jurong Island, is the operations base of The Linde Group’s business in Singapore, as well as the hub for hydrogen-carbon monoxide operations support in Asia Pacific. It operates an integrated carbon monoxide and hydrogen facility in the region and the largest merchant carbon dioxide production plant in Singapore. It also serves as Linde’s regional supply chain hub for the storage and distribution of electronic specialty gases.
For more information, see Linde Gas Singapore at www.linde.com.sg
About The Linde Group
In the 2014 financial year, The Linde Group generated revenue of EUR 17.047 bn, making it the largest gases and engineering company in the world with approximately 65,500 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, see The Linde Group at www.linde.com
