Linde India has received a Letter of Acceptance from Indian Oil Corporation (IOCL) to establish an Air Separation Unit (ASU) within the Panipat Refinery Complex. The company intends to finance the capital expenditure using its own funds and internal accruals. “The company has been awarded a ‘Letter of Acceptance’ dated 22 August 2023 by Indian … Read more
Linde plc, a leading global supplier of industrial gases, reported impressive first-quarter 2023 financial results, exceeding analysts’ expectations. The company’s quarterly revenues of $8,193 million also beat market estimates. Revenue Performance Linde’s total revenues for the quarter declined from the year-ago quarter’s $8,211 million. However, the company’s strong earnings were driven by increased prices and … Read more
Linde announced it has signed an agreement with Heidelberg Materials, one of the world’s largest building materials companies, to jointly build, own and operate a large-scale carbon capture and liquefaction facility. Carbon dioxide (CO₂) is a by-product of cement production and is estimated to be responsible for around 7% of global carbon emissions1. Through the … Read more
Linde announced that it has signed a long-term agreement with ExxonMobil for the off-take of carbon dioxide associated with Linde’s new clean hydrogen production in Beaumont, Texas. Linde previously announced that it will build, own and operate an on-site complex to supply clean hydrogen and nitrogen to OCI Global’s new world-scale blue ammonia plant. Linde’s … Read more
Aramco, one of the world’s leading integrated energy and chemicals companies, and Linde Engineering, a global leader in the production and processing of gases, announced that they have signed an agreement to jointly develop a new ammonia cracking technology. The collaboration between the two companies will combine Linde Engineering and Aramco’s experience and capabilities in … Read more
OCI N.V. and Linde plc, a leading global industrial gases and engineering company, announced a partnership where Linde will supply clean hydrogen and nitrogen to OCI’s new blue ammonia facility under development in Beaumont, Texas under a long-term agreement. Linde will build, own and operate an on-site complex which will include autothermal reforming with carbon … Read more
Clariant Catalyts has teamed up with Linde Engineering to develop new catalysts for the oxidative de-hydrogenation of ethane (ODH-E), an innovative, low-emissions catalytic technology for the production of ethylene. The novel catalyst is a step change in selectivity and productivity, now making ethylene production via ODH-E commercially feasible. Clariant’s ODH catalysts are available exclusively for … Read more
Linde India said that its board has approved the proposal for setting-up of a 250 tonnes per day (TPD) merchant air separation unit at Dahej, Gujarat, to secure growth in the gases business in Western markets and deliver cost savings. The board has approved a capital expenditure of Rs 138.6 crores ($18.7 million) towards the … Read more
Linde India Ltd., an Indian subsidiary of industrial gas manufacturer Linde Plc announced its results for the second quarter ended March 31, 2021. CY 2021 Q1 Results- QoQ The company’s net profit grew 434% to Rs 303.23 crores ($41.3 million) for the period ended March 31, 2021 as against net profit of Rs 56.8 crores … Read more
Wacker Chemie AG announced that its project funding proposal to the European Union for building a production complex for green hydrogen and renewable methanol at its Burghausen site has reached the next selection stage. The funding application states that WACKER wants to build a 20-megawatt electrolysis plant with Linde GmbH to generate hydrogen from water … Read more
Linde will build, own and operate the world’s largest PEM (Proton Exchange Membrane) electrolyzer plant at the Leuna Chemical Complex in Germany. The new 24-megawatt electrolyzer will produce green hydrogen to supply Linde’s industrial customers through the company’s existing pipeline network. In addition, Linde will distribute liquefied green hydrogen to refueling stations and other industrial … Read more
Linde India Ltd., an Indian subsidiary of industrial gas manufacturer Linde Plc announced its results for the second quarter ended June 30, 2020. CY 2020 Q2 Results- QoQ The company’s net profit declined 49.3% to Rs 19.80 crores ($2.6 million) for the period ended June 30, 2020 as against net profit of Rs 39.03 crores … Read more
Linde announced that it has signed a Memorandum of Understanding (MoU) with Beijing Green Hydrogen Technology Development Co., Ltd., a subsidiary of China Power International Development Ltd., to jointly promote the application and development of green hydrogen in China. Under the terms of the MoU both companies will collaborate on a variety of green hydrogen … Read more
Linde announced it has leveraged its broad technology portfolio to sign a new contract with India’s largest refiner Indian Oil Corporation Limited (IOCL). Praxair India Private Limited, a wholly owned subsidiary of Linde, will build, own and operate an air separation unit (ASU) to supply oxygen and nitrogen to its incumbent customer, IOCL, for its … Read more
Linde PLC announced it has commissioned a new air separation unit (ASU) in Freeport, Texas, as part of a long-term agreement to supply MEGlobal Americas Inc.’s new monoethylene glycol (MEG) plant at Oyster Creek petrochemical complex in Freeport. The new ASU will supply oxygen and nitrogen to MEGlobal Oyster Creek for use in its MEG … Read more
Linde PLC has recieved a contract to provide technology for PJSC Sibur Holding’s cracker at Amur gas chemical complex (GCC). GCC is an integrated 1.5 million tons per year polyethylene and polypropylene production complex to be built near Svobodny in Russia’s far-east Amur region. The contract was awarded to Linde under a consortium with Sibur … Read more
Linde announced it has started up a new Air Separation Unit (ASU) effectively doubling the production capacity of its existing plant at Mims, Florida. “The expansion is in response to rapidly growing contracted demand for space launch activity,” the company said in its statement. The new plant will increase production to more than 500 tons … Read more
Linde announced that it has signed a long-term agreement with ExxonMobil Asia Pacific Pte. Ltd. to support the latest multi-billion dollar expansion of the company’s integrated manufacturing complex in Singapore. This will be the single largest sale of gas contract in the history of the newly merged Linde and of its legacy companies. Linde will … Read more
Linde announced on Thursday that it has started up a new air separation unit to supply 700 tons-per-day of gaseous nitrogen to support Samsung in Tangjeong, South Korea. This is the company’s fourth air separation plant at the facility. Linde’s nitrogen is used to cool and purge applications in Samsung’s manufacturing process. “Linde has worked … Read more