'Met with Linde Group CEO' Kim Dong-yeon "Discussed Cooperation Plans for Greenhouse Gas Reduction"

Gyeonggi Province Governor Kim Dong-yeon (left) warmly shakes hands with Sanjiv Lamba, CEO of the Linde Group, in his office on the 20th.

Gyeonggi Province Governor Kim Dong-yeon met with Sanjiv Lamba, CEO of Linde, the world's largest industrial gas company, to share policies for greenhouse gas reduction and discuss cooperation plans.

On the 20th, Governor Kim held a meeting with Sanjiv Lamba, CEO of Linde Group, in his office and agreed to cooperate to strengthen the semiconductor ecosystem and promote the transition to a hydrogen economy.

During the meeting, CEO Sanjiv Lamba explained Linde's semiconductor industry investment trends in Gyeonggi Province and the progress of projects such as hydrogen bus and specialty gas production facility construction, requesting cooperation from Gyeonggi Province.

Governor Kim first expressed his gratitude, saying, "Thank you for steadily fulfilling the investment agreements and even expressing additional investment intentions," and welcomed the prospect of more investments being made in Gyeonggi Province.

He continued, "I heard that Linde is interested in hydrogen charging stations, and we will consult with Gyeonggi Province and assist if needed," adding, "We are promoting the ‘Industrial Complex RE100’ project to install solar power facilities in 200 industrial complexes within the province. The Gyeonggi Provincial Representative Library being built next to the provincial office will also actively adopt renewable energy. I hope to achieve mutual growth with Linde in the solar power sector as well."

CEO Sanjiv Lamba expressed his gratitude, saying, "Because of Gyeonggi Province's active RE100 policy, Linde has more opportunities. Gyeonggi Province provides many important opportunities for Linde's growth. We have already invested in Hwaseong and Giheung, and we see further growth opportunities with additional investments in Yongin."

This meeting was arranged after Governor Kim requested Linde's CEO to visit Gyeonggi Province during the Gyeonggi delegation's visit to Linde's headquarters in Danbury, Connecticut, USA, in April.

This year, Gyeonggi Province signed two investment agreements with Linde: one for 150 billion KRW to build factories producing rare gases such as krypton, xenon, and neon used in semiconductor processes, and another for 500 billion KRW to establish industrial gas and hydrogen manufacturing and charging facilities for hydrogen vehicles.

In particular, during this meeting, the two leaders shared Gyeonggi Province's ‘RE100’ strategy and Linde's ‘3535 Project’ policy to achieve their common goal of reducing greenhouse gases and discussed cooperation plans.

Earlier in April, Gyeonggi Province declared the ‘Gyeonggi RE100 Vision’ for the spread of renewable energy and energy transition and is promoting the ‘Industrial Complex RE100’ attraction project.

Gyeonggi Province aims to build a renewable energy production base by utilizing idle land in industrial complexes and support RE100 member companies and partner companies located in Gyeonggi. Linde has set intermediate targets to reduce greenhouse gas emissions in line with the Paris Climate Agreement, aiming to cut carbon emissions by 35% by 2035 and achieve greenhouse gas neutrality by 2050 through its ‘3535 Project.’

Gyeonggi Province plans to operate Linde's semiconductor rare gas production plant, which will be located in the Pyeongtaek Hyeongok foreigner-only industrial complex, as a model case for carbon emission reduction.

Founded in 1879, Linde is the largest industrial gas and engineering company, achieving annual sales of 33 billion USD in 2022 by supplying industrial gases and related equipment to various industries including semiconductors, petrochemicals, food and beverages, and displays. It is a global leader in hydrogen production, processing, storage, and distribution, possessing the world's largest liquefied hydrogen production capacity and transportation system.

This content was produced with the assistance of AI translation services.