Trade News
Karachi, 19 September 2011: An integration process that began five years ago to create a world leading gases and engineering company has reached a new milestone: BOC Pakistan Limited officially rebrands as Linde Pakistan Limited.
Linde AG acquired The BOC Group in September 2006, forming The Linde Group. The brand change from BOC to Linde in Pakistan is part of a global programme to unite the companies within The Linde Group umbrella under a single Linde brand.
Today, Linde is Pakistan’s leading industrial gases player, with the most comprehensive gases product portfolio and turnkey services in the country. Its facilities include air separation plants in Lahore, Port Qasim and Taxila as well as carbon dioxide plants at Port Qasim and Multan. The company is also presently building a new state-of-the-art air separation (ASU) plant in Lahore at an investment cost of about Rs 2 billion. The new plant, which is capable of producing 150 tons per day (tpd) of gases products, will be the largest merchant air separation plant in the country once it is ready in the first quarter of 2012.
Mr Yousuf Mirza, Chief Executive of Linde Pakistan said, "We mark a momentous milestone in the history of our company today. We are proud to become Linde in Pakistan, and aspire to double the size of our business here within the next five years. With the strong backing of our parent company The Linde Group, we expect to further increase our footprint across the country and reinforce our market leadership".
Mr Lee Bon Hian, Linde's Head of Cluster Countries for Linde’s gases business in South & East Asia said, "Pakistan has been an important contributor to our business in this region and we continue to be extremely positive about the many market opportunities we see here. Linde is actively seeking opportunities to achieve strong and sustainable growth of our business, and to ensure we are well-positioned to support our existing and potential new customers in their growth plans," Mr Lee added.
From 19 September 2011 onwards, the company's new logo will make its appearance on all corporate signages, communications materials and assets. The conversion period is expected to last several months.
About Linde Pakistan Limited
Linde Pakistan Limited, a member of The Linde Group, is the leading industrial gas supplier in Pakistan since 1949. The company manufactures and distributes industrial, specialty and medical gases, welding products, and provides a range of related services including the installation of gas equipment, pipelines and associated engineering services. Linde Pakistan operates in all the major industrial areas across the country and is committed to delivering quality and reliable services and solutions that create value for our customers.
For more information, please see Linde Pakistan's website at www.linde.pk
About The Linde Group
The Linde Group is a world-leading gases and engineering company with around 49,100 employees working in more than 100 countries worldwide. In the 2010 financial year, it achieved sales of 12.868 billion euro. The strategy of The Linde Group is geared towards sustainable earnings-based 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. Linde is committed to technologies and products that unite the goals of customer value and sustainable development.
For more information, see The Linde Group online at www.linde.com
Contact:
Faraz Salim
Xenith Public Relations
Phone 021.3587.4867 / 0300.8257206
Fax 021.3587.4878
Email: faraz.salim@xenithpr.com