A2DSYC Linde plc

DGAP-News: Linde Leverages Combined Technology Portfolio to Sign 30 Small On-Site Contracts in its First Year

DGAP-News: Linde plc / Key word(s): Miscellaneous
Linde Leverages Combined Technology Portfolio to Sign 30 Small On-Site Contracts in its First Year

10.02.2020 / 14:00
The issuer is solely responsible for the content of this announcement.

Linde Leverages Combined Technology Portfolio to Sign 30 Small On-Site Contracts in its First Year

Guildford, UK, February 10, 2020 - Linde (NYSE:LIN; FWB:LIN) announced today that it has signed three new customer contracts by leveraging legacy Linde and Praxair technologies, made possible following the merger of the two companies. Local business teams have used both companies' legacy technology and applications to approach new customers and offer compelling new solutions to existing customers.

"The ability to cross-sell our combined technology and applications was key to the rationale for merging our two companies," said Anne Roby, Executive Vice President, Linde. "These new agreements demonstrate how we are already winning new business and with more tools in our toolbox we can offer a more complete solution to our customers. I have great confidence that we will continue unlocking this opportunity."

Linde has signed over 30 small on-site contracts including cryogenic nitrogen (N-Plant) and non-cryogenic oxygen (VPSA) and nitrogen (PSA) production plants in the last 12 months. The most recent wins from cross-selling its combined technologies have been three VPSA agreements signed with: KOA (Suzhou) Co. ltd., a leading manufacturer of cosmetic bottles (China); SCHOTT, a leading international technology group in the areas of specialty glass and glass-ceramics (China); and ARAUCO, a global forestry company (Chile).
 

About Linde
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

Contacts:  
Investor Relations
Juan Pelaez
Phone:
Email: 		Media Relations
Anna Davies
Phone:
Email:

10.02.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Linde plc
The Priestley Centre, 10 Priestley Road
GU2 7XY Guildford
United Kingdom
Phone:
E-mail:
Internet:
ISIN: IE00BZ12WP82
WKN: A2DSYC
Indices: DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Moscow, NYSE, Luxembourg Stock Exchange (Euro MTF)
EQS News ID: 971537

 
End of News DGAP News Service

971537  10.02.2020 

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