A2DSYC Linde plc

DGAP-News: Linde Signs Second Long-Term Agreement to Supply Samsung in Pyeongtaek, South Korea

DGAP-News: Linde plc / Key word(s): Miscellaneous
Linde Signs Second Long-Term Agreement to Supply Samsung in Pyeongtaek, South Korea

28.10.2020 / 12:00
The issuer is solely responsible for the content of this announcement.


Linde Signs Second Long-Term Agreement to Supply Samsung in Pyeongtaek, South Korea

Guildford, UK, October 28, 2020 - Linde (NYSE:LIN; FWB:LIN) announced today that it has entered into a long-term agreement with Samsung Electronics to supply ultra-high purity industrial gases for its latest semiconductor facilities in Pyeongtaek, South Korea.

Linde is currently the main supplier of industrial gases to Samsung's existing facilities in Pyeongtaek. This second agreement to build, own and operate air separation plants in this latest world-class manufacturing complex cements Linde's position as a strategic partner for Samsung, the world's largest semiconductor manufacturer. Once the project is commissioned, the Pyeongtaek complex will be Linde's single largest gases supply site in the world for an electronics customer.

Samsung's new facility will deploy state-of-the-art technologies to accelerate the company's next-generation chip design and production, in order to meet the rising demand for semiconductors around the world.

"We are proud to have been selected yet again to supply Samsung's world-class semiconductor facilities, shortly after the safe and on-time delivery of our previous project," said B.S. Sung, Head of South Korea, Linde. "Our successful partnership spans more than 42 years and we look forward to continue providing Samsung with a safe, reliable and cost-effective supply of industrial gases and innovative technologies well into the future."

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:


28.10.2020 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: 1143327

 
End of News DGAP News Service

1143327  28.10.2020 

fncls.ssp?fn=show_t_gif&application_id=1143327&application_name=news&site_id=research_pool
EN
28/10/2020

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

AIR LIQUIDE / LINDE: A-GAS-AJANDO AL INVERSOR (ANÁLISIS BANCO SABADELL...

A-gas-ajando al inversor. Mantenemos SOBREPONDERAR en ambas. Aquellos que se compraron hace 5 años a los principales players del sector gasístico europeo (AI y LIN) y han “dejado” a las acciones hacer su trabajo se han visto agasajados con unas rentabilidades del +35% y +146% vs Euro STOXX 50 respectivamente. Esto es reflejo de las cualidades del sector (oligopolio, barreras de entrada, capacidad para traspasar e incrementar precios, resiliencia y visibilidad de crecimiento futuro), que vemos c...

Research Department
  • Research Department

INFORME DIARIO 22 NOVIEMBRE (ANÁLISIS BANCO SABADELL)

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: COLONIAL, GRIFOLS, IMPUESTOS, SECTOR BANCARIO. EUROPA: AIR LIQUIDE, LINDE. Dudas en los mercados Jornada de menos a más tras los resultados de Nvidia en las bolsas europeas, que terminaron con subidas moderadas y con el Ibex recuperando los 11.600 puntos. Así, dentro del STOXX 600, Seguros y Energía lideraron las ganancias, frente a Telecos y Bienes de Consumo que terminaron con las mayores caídas. En la Eurozona la confianza del consumidor prelim...

Alfonso Mariategui
  • Alfonso Mariategui

LINDE: RDOS. 3T’24 Y CAMBIO DE P.O. A LA BAJA (ANÁLISIS BANCO SABADELL...

Rdos. 3T'24 vs 3T'23: Ventas: 8.356 M dólares (+2,5% vs +2,8% BS(e) y +2,8% consenso); EBIT ajustado: 2.477 M dólares (+7,4% vs +6,4% BS(e) y +5,2% consenso); BDI ajustado: 1.896 M dólares (+6,3% vs +5,8% BS(e) y +5,7% consenso); Rdos. 9meses'24 vs 9meses'23: Ventas: 24.723 M dólares (+0,7% vs +0,8% BS(e) y +0,8% consenso); EBIT ajustado: 7.240 M dólares (+6,5% vs +6,2% BS(e) y +5,8% consenso); BDI ajustado: 5.576 M dólares (+6,5% vs +6,3% BS(e) y +6,3% consenso).

Research Department
  • Research Department

INFORME DIARIO 29 0CTUBRE + RDOS. ESPAÑA Y EUROPA 3T’24. IDEAS DESTACA...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: BANCO SANTANDER, ECOENER, FERROVIAL. EUROPA: ADIDAS, 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. 3T’24 que se publicarán en España y Europa en los próximos días. El Ibex reconquista los 11.900 puntos La semana previa a las elecciones en EE.UU. cuando publicarán resultados las “7 magníficas” arran...

Alfonso Mariategui
  • Alfonso Mariategui

LINDE: RDOS. 2T’24 (ANÁLISIS BANCO SABADELL)

Rdos. 2T'24 vs 2T'23: Ventas: 8.267 M dólares (+0,7% vs +0,9% consenso); EBIT: 2.286 M dólares (+8,6% vs +18,4% consenso); Rdos. 1S'24 vs 1S'23: Ventas: 16.367 M dólares (-0,2% vs +8,5% consenso); EBIT: 4.492 M dólares (-0,1% vs +13,5% consenso).

ResearchPool Subscriptions

Get the most out of your insights

Get in touch