LINN* LINDE AG

DGAP-News: Linde AG: Linde receives major order from Praxair to supply a hydrogen plant in the U.S.

DGAP-News: Linde AG / Key word(s): Contract
Linde AG: Linde receives major order from Praxair to supply a hydrogen plant in the U.S.

09.11.2018 / 10:00
The issuer is solely responsible for the content of this announcement.


Linde receives major order from Praxair to supply a hydrogen plant in the U.S.
 

- Largest hydrogen production plant supplied by Linde to date

- Plant to be part of Praxair's Gulf Coast hydrogen system


Munich, 9 November 2018 - The technology company The Linde Group has signed a contract with U.S. industrial gas company, Praxair Inc., to supply a hydrogen plant that will be part of the company's U.S. Gulf Coast hydrogen system which spans Southeast Texas and Western Louisiana.

"We are very pleased to have won this important contract from Praxair to provide the largest hydrogen production unit in Linde's history," said Dr Christian Bruch, Member of the Executive Board of Linde AG and responsible for the company's plant engineering business. "We attribute this success to our compelling and customer-oriented engineering solutions."

Linde's Engineering Division is responsible for the design and supply of the equipment for the core components of the hydrogen plant. The order includes the steam-methane reformer, designed and supplied by Linde subsidiary Selas Linde in Blue Bell, Pennsylvania, the pressure swing adsorption unit, and the balance of the core plant. The plant will have a production capacity of over 190,000 Nm3/hr of high-purity hydrogen and will also generate steam. The new plant will be highly modularized with world-class reliability and energy efficiency and is scheduled to come on stream in early 2021.

In the 2017 financial year, The Linde Group generated revenue of EUR 17.113 bn, making it one of the leading gases and engineering companies in the world, with approximately 58,000 employees working in more than 100 countries worldwide. The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business, with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment in every one of its business areas, regions and locations across the globe. The company is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, see The Linde Group online at

Further information:

Media Relations
Matthias Dachwald
Phone +49.89.35757-1333

Dr Thomas Hagn
Phone +49.89.35757-1323
Investor Relations
Bernard Wang
Phone +49.89.35757-1328




Contact:
Person making the notification: Matthias Dachwald, Head of External Communications


09.11.2018 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 AG
Klosterhofstraße 1
80331 München
Germany
Phone: +49.89.35757-01
Fax: +49.89.35757-1075
E-mail:
Internet:
ISIN: DE0006483001, IE00BZ12WP82
WKN: 648300, A2DSYC
Indices: DAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial Market in Hanover, Tradegate Exchange; SIX

 
End of News DGAP News Service

743655  09.11.2018 

fncls.ssp?fn=show_t_gif&application_id=743655&application_name=news&site_id=research_pool
EN
09/11/2018

Underlying

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

Reports on LINDE AG

Research Department
  • Research Department

INFORME DIARIO 26 FEBRERO + RDOS. ESPAÑA Y EUROPA 4T’24. IDEAS DESTACA...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: AENA, GLOBAL DOMINION, EBRO FOODS, REDEIA. EUROPA: AB INBEV, DANONE, DEUTSCHE TELEKOM, LINDE, MUNICH RE. 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. 4T’24 que se publicarán en España y Europa en los próximos días. El Ibex continúa su racha alcista Nueva jornada de más a menos en las bolsas europeas, last...

Alfonso Mariategui
  • Alfonso Mariategui

LINDE: RDOS. 4T’24 (ANÁLISIS BANCO SABADELL)

Rdos. 4T'24 vs 4T'23: Ventas: 8.282 M dólares (-0,2% vs +1,2% BS(e) y +1,2% consenso); EBIT ajustado: 2.477 M dólares (+9,0% vs +8,0% BS(e) y +7,6% consenso); BDI ajustado: 1.899 M dólares (+8,3% vs +7,6% BS(e) y +7,9% consenso).

Research Department
  • Research Department

INFORME DIARIO 28 FEBRERO + RDOS. ESPAÑA Y EUROPA 4T’23. IDEAS DESTACA...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ACCIONA ENERGÍA, AENA, AMADEUS, CAF, ENDESA, FERROVIAL, GLOBAL DOMINION, METROVACESA. 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 con los previews de Rdos. 4T’23 que se publicarán en España y Europa en los próximos días. El Ibex se descuelga Los índices europeos retomaron las subidas a excepción del Ibex, ...

Alfonso Mariategui
  • Alfonso Mariategui

LINDE: RDOS. 3T'23 (ANÁLISIS BANCO SABADELL)

Rdos. 3T'23 vs 3T'22: Ventas: 8.155 M dólares (-7,3% vs -3,4% BS(e) y -2,4% consenso); EBIT: 2.306 M dólares (+14,7% vs +13,2% BS(e) y +13,0% consenso); BDI: 1.783 M dólares (+14,7% vs +12,6% BS(e) y +11,8% consenso); Rdos. 9meses'23 vs 9meses'22: Ventas: 24.552 M dólares (-3,6% vs -2,3% BS(e) y -1,9% consenso); EBIT: 6.798 M dólares (+15,2% vs +14,6% BS(e) y +14,6% consenso); BDI: 5.236 M dólares (+13,3% vs +12,6% BS(e) y +12,4% consenso).

Alfonso Mariategui
  • Alfonso Mariategui

LINDE: RDOS. 2T’23 (ANÁLISIS BANCO SABADELL)

Rdos. 2T'23 vs 2T'22: Ventas: 8.204 M dólares (-3,0% vs +2,3% BS(e) y +1,9% consenso); EBIT ajustado: 2.286 M dólares (+15,0% vs +11,3% BS(e) y +11,8% consenso); BDI ajustado: 1.760 M dólares (+12,4% vs +7,7% BS(e) y +7,4% consenso); Rdos. 1S'23 vs 1S'22: Ventas: 16.397 M dólares (-1,6% vs +1,1% BS(e) y +0,9% consenso); EBIT ajustado: 4.492 M dólares (+15,4% vs +13,5% BS(e) y +13,8% consenso); BDI ajustado: 3.453 M dólares (+12,6% vs +10,2% BS(e) y +10,1% consenso).

ResearchPool Subscriptions

Get the most out of your insights

Get in touch