# Linde to build KRW 150 billion rare gas plant in Pyeongtaek, South Korea

Linde signed an investment memorandum with Gyeonggi Province for about KRW 150 billion to build an industrial gas plant in Pyeongtaek producing semiconductor rare gases such as krypton and xenon, to be completed by 2031.

- Type: New facility
- Announced: 2023-01-03
- Where: Pyeongtaek, South Korea
- Value: $115.0M (150.0B KRW)
- Status: announced
- Products: krypton, xenon, neon rare gases
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Linde](https://endata.com/companies/472.md)
- [Linde Korea](https://endata.com/companies/10083.md)
- [Gyeonggi Province](https://endata.com/companies/4997.md) (partner)

## Sources

- [industrynews.co.kr](https://www.industrynews.co.kr/news/articleView.html?idxno=48371), 2023-01-04: "린데는 오는 2031년까지 평택에 1,500억원 상당을 투자해 산업용 가스 생산시설을 설립하고 크립톤·제논 등 반도체 희귀가스를 국내에서 직접 생산해 국내 고객사에 공급할 예정이다."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.