“The combined operational excellence of both companies creates a compelling opportunity for us and our customers in Saudi Arabia”, said Linde’s President Region Middle East & Europe East, Dr Oliver Pfann. “Furthermore, with this agreement we show that Linde continues to support the Kingdom’s Vision 2030 to develop highly efficient and reliable industrial gases facilities.”
Linde-Sigas was established in 1955, as the first industrial gases company in the Kingdom of Saudi Arabia. Linde, a leading industrial gases and engineering company, acquired 51 percent of the shares in Sigas in 2008. Today, Linde-Sigas is the leading manufacturer of all Bulk, Industrial, Medical and Specialty gases for the growing needs of the Kingdom, with operational and Sales outlets spread throughout major cities of Saudi Arabia.
For more information about the company, please visit www.linde-gas.sa
Linde is a leading industrial gases and engineering company with 2018 pro forma sales of USD 28 billion (EUR 24 billion). The company employs approximately 80,000 people globally and serves customers in more than 100 countries worldwide. Linde delivers innovative and sustainable solutions to its customers and creates long-term value for all stakeholders. The company is making our world more productive by providing products, technologies and services that help customers improve their economic and environmental performance in a connected world.
For more information about the company, please visit www.linde.com
About Petro Rabigh
Petro Rabigh was founded in 2005 as a joint venture between Saudi Aramco and Sumitomo Chemical Company. The plant is valued at about US $17 billion (25% funded by the public and the remainder equally funded by Saudi Aramco and Sumitomo Chemical) and produces 14.88 million tons per annum (mtpa) of petroleum-based products and 4.75 mtpa of chemical and polymer products, some of which are exclusive to the Kingdom of Saudi Arabia and the Middle East.
For more information about the company, please visit www.petrorabigh.com