Linde Plans Expansion in Southern Georgia and Northern Florida
United
States: Linde
North America, Inc. a subsidiary of Linde AG, a German based multinational
industrial gas and engineering company announced its plants to invest USD40
million for building up a new air separation unit (ASU) in Southern
Georgia/Northern Florida. The company has plans to expand its gas supply
network from existing strong network in Southeast to extreme South. The company
is expected to cater to various industries such as hospitals, healthcare
providers, glass manufacturers, gas distributors, food processors, metal
fabrication and welding through its products and services. The company
currently has around 23 manufacturing plants and other facilities with a
workforce of around 2000 people located in Florida & Georgia.
TechSci Research depicts that
the expanding industrial facilities in North America is expected to steer the
demand for gas phase filters across the globe. Rising industrial facilities
necessitates the requirement for gas phase filters in order to remove odors and
toxic gases. Consequently, North America, which controls the largest share in
the global gas phase filters market, would continue to generate increased
demand for gas phase filters.
According to TechSci Research report, “Global Gas
Phase Filtration Market, By
Type, By Filter Media, By Sector, Competition Forecast and Opportunities, 2011
- 2021”, global gas phase filtration market is projected to
grow at a CAGR of over 5% during 2016-2021, due to rising need for removing
unwanted gases, implementation of stringent government regulations to maintain
suitable indoor air quality and growing demand for protecting vital electronic
equipment from corrosive gases. Growing
need to capture hazardous gases and odors released during various chemical
processes in different industries is fueling demand for gas phase filters
across the globe.