A2DSYC Linde plc

DGAP-News: Linde Starts Up New Plant in China to Supply GTA Semiconductor

DGAP-News: Linde plc / Key word(s): Miscellaneous
Linde Starts Up New Plant in China to Supply GTA Semiconductor

06.05.2020 / 12:00
The issuer is solely responsible for the content of this announcement.


Linde Starts Up New Plant in China to Supply GTA Semiconductor

Guildford, UK, May 6, 2020 - Linde (NYSE: LIN; FWB: LIN) announced today it has started up the first of two new high-purity nitrogen generators in Shanghai, China, as part of a 20-year contract to supply ultra-high purity industrial gases to GTA Semiconductor. The second generator is expected to come on stream by 2022.

Installed and operated by Linde's joint venture Linde LienHwa (LLH), the new plant is located in the Shanghai Lingang Industrial Zone, one of the largest industrial parks in Shanghai. Linde will supply GTA Semiconductor's US$5.1 billion wafer fabrication plant with ultra-high purity gases such as nitrogen, oxygen, argon, carbon dioxide, as well as compressed dry air (CDA).

"The semiconductor industry in China is expected to continue to grow in capability and capacity," said Stan Tang, President and Managing Director, LLH China. "Our network density in China enables us to continue capturing long-term growth projects and further strengthens our leadership in the electronics end market. We are proud of our track record of safely and reliably supplying industrial gases and are excited to have the opportunity to support GTA Semiconductor's expansion."

About Linde

Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions.

For more information about the company and its products and services, please visit


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


06.05.2020 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.
Archive at


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: 1037135

 
End of News DGAP News Service

1037135  06.05.2020 

fncls.ssp?fn=show_t_gif&application_id=1037135&application_name=news&site_id=research_pool
EN
06/05/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Linde plc

Alfonso Mariategui
  • Alfonso Mariategui

LINDE: RDOS. 4T’23 Y CAMBIO DE P.O. AL ALZA (ANÁLISIS BANCO SABADELL)

Rdos. 4T'23 vs 4T'22: Ventas: 8.302 M dólares (+5,1% vs -0,4% BS(e) y +2,2% consenso); EBIT ajustado: 2.272 M dólares (+13,5% vs +8,3% BS(e) y +10,9% consenso); BDI ajustado: 1.753 M dólares (+11,4% vs +5,9% BS(e) y +8,4% consenso); Rdos. 2023 vs 2022: Ventas: 32.854 M dólares (-1,5% vs -2,8% BS(e) y -2,2% consenso); EBIT ajustado: 9.070 M dólares (+14,8% vs +13,4% BS(e) y +14,1% consenso); BDI ajustado: 6.989 M dólares (+12,8% vs +11,4% BS(e) y +12,1% consenso).

Research Department
  • Research Department

INFORME DIARIO 24 OCTUBRE + RDOS. ESPAÑA Y EUROPA 3T’23. IDEAS DESTACA...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ACCIONA, CELLNEX, ENAGÁS, IBERDROLA. EUROPA: LINDE, MUNICH RE, UNICREDIT. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 3T’23 que se publicarán en España y Europa en los próximos días. El Treasury ataca el 5% Las bolsas europeas se vieron penalizadas por el repunte inicial de tipos de la deuda (el 10 año...

Alfonso Mariategui
  • Alfonso Mariategui

LINDE: NUEVO PLAN DE RECOMPRA DE ACCIONES (ANÁLISIS BANCO SABADELL)

LIN acaba de anunciar la aprobación de un nuevo plan de recompra de acciones por valor de 15.000 M dólares (8,4% capitalización). No se conoce el periodo que comprende el nuevo plan. Este plan compara con el anterior de 10.000 M dólares entre marzo 2022 y julio 2024, del cual aún faltan por completar 2.000 M dólares.

Alfonso Mariategui
  • Alfonso Mariategui

LINDE: RDOS. 1T’23 Y CAMBIO DE P.O. AL ALZA (ANÁLISIS BANCO SABADELL)

Rdos. 1T'23 vs 1T'22: Ventas: 8.193 M dólares (-0,2% vs -0,6% BS(e) y 0,0% consenso); EBIT: 2.206 M dólares (+15,8% vs +3,9% BS(e) y +4,5% consenso); BDI: 1.693 M dólares (+12,9% vs +2,0% BS(e) y +0,1% consenso).

Research Department
  • Research Department

INFORME DIARIO 25 ABRIL + RDOS. ESPAÑA Y EUROPA 1T’23. IDEAS DESTACADA...

COMPAÑÍAS QUE APARECEN EN EL INFORME. ESPAÑA: ENAGAS, IAG, SANTANDER. EUROPA: LINDE. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 1T’23 que se publicarán en España y Europa en los próximos días. El calendario marca el ritmo Las bolsas europeas terminaron planas en una sesión marcada por el calendario de presentaciones empresariales del 1T’23 (esta s...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch