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Linde announced that the company will invest more than $250 million in a new neon gas production plant in Texas, USA, which will increase Linde's annual neon supply by 40 million liters, mainly for the semiconductor lithography technology and laser vision correction market
.
The investment aims to support its customers in the vertically integrated neon supply chain, semiconductor lithography and laser vision correction markets, as well as to enhance Linde's purification and distribution capabilities
in several locations around the world.
Matt Adams, vice president of the company's Electronics and Advanced Products Division, said: "This is an important part
of our strategy to increase our overall neon gas supply and meet the growing demand of our customers.
It is another example
of Linde's commitment to creating a strong supply chain that delivers consistently high quality products for customers around the world.
”