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Linde AG: Linde awarded contract for largest LNG plant in China

DGAP-News: Linde AG / Key word(s): Incoming Orders

16.11.2018 / 10:00
The issuer is solely responsible for the content of this announcement.


Linde awarded contract for largest LNG plant in China

Munich, 16 November 2018 - The technology company The Linde Group has been awarded a contract from Chinese chemical and energy company Inner Mongolia Huineng Coal Chemical Co Ltd to supply a mid-scale LNG plant near Beinichuan in Inner Mongolia. This will be Linde's seventh and largest LNG plant to date in China and is in response to growing demand from customers in China.

Linde's Engineering Division will be responsible for engineering, procurement and site services for the LNG plant with a nameplate capacity of 750,000 tons of liquefied natural gas per annum. The plant's technology is based on Linde's proprietary LIMUM(R) process, a multi-stage mixed refrigerant process that provides best-in-class energy efficiency, and proprietary core cryogenic heat exchangers.

Linde Engineering has world-class experience across the entire natural gas processing chain, including proprietary process technology, manufacturing specialised, tailor-made cryogenic equipment and the delivery of turn-key plants.

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 www.linde.com

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


16.11.2018 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.
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Language: English
Company: Linde AG
Klosterhofstraße 1
80331 München
Germany
Phone: +49.89.35757-01
Fax: +49.89.35757-1075
E-mail: matthias.dachwald@linde.com
Internet: www.linde.de
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


 
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