07 April 2010 21:05 [Source: ICIS news]
SAO PAULO (ICIS news)-–Industrial gas producer Linde is starting operations at a plant that produces oxygen, nitrogen and argon at Brazil’s Camacari industrial complex in Bahia, the company said on Wednesday.
Output was scheduled to start with an initial production capacity of 300,000 tonnes/day of gas for industrial and health end users, the company said.
Linde said it invested some Brazilian reais (R)100m ($57m, €43m) in the project, which aims at supplying local customers in Bahia as well as other northeastern states.
With the new plant and expansion, Linde expects to gain market share in Brazil. Competitor White Martins has 63% of the market share in the country, according to analysts.
The start up of the unit was about six months late. However, Linde officials were not immediately available for comment regarding the late start up.
($1 = R1.75)
($1 = €0.75)
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