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Linde to Increase Green Hydrogen Production in the United States

·3-min read

DGAP-News: Linde plc / Key word(s): Miscellaneous
Linde to Increase Green Hydrogen Production in the United States
08.09.2022 / 12:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

Linde to Increase Green Hydrogen Production in the United States

Woking, UK, September 8, 2022 – Linde (NYSE:LIN; FWB:LIN) announced today that it will build a 35-megawatt PEM (Proton Exchange Membrane) electrolyzer to produce green hydrogen in Niagara Falls, New York. The new plant will be the largest electrolyzer installed by Linde globally and will more than double Linde’s green liquid hydrogen production capacity in the United States.

Linde will build, own and operate the industrial-scale electrolyzer and use hydroelectric power to produce green liquid hydrogen. The plant is expected to start up by 2025. Linde will leverage its existing liquefier and distribution infrastructure to supply existing and new customers. This project is the first of several electrolyzers Linde expects to build in the U.S. to address green liquid hydrogen demand.

“Linde is the largest liquid hydrogen producer in the U.S. and this new capacity will increase product availability at a time of growing demand from customers across several end markets, including aerospace, electronics and manufacturing,” said Todd Lawson, Vice President East Region, Linde. “We will continue investing in green hydrogen projects to help meet growing demand as well as contribute to a more sustainable energy economy.”

Linde is a global leader in the production, processing, storage and distribution of hydrogen. It has the largest liquid hydrogen capacity and distribution system in the world. The company operates the world's first high-purity hydrogen storage cavern plus pipeline networks totaling approximately 1,000 kilometers globally, to reliably supply its customers. Linde is at the forefront in the transition to clean hydrogen and has installed over 200 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide. The company offers the latest hydrogen technologies through its world-class engineering organization, key alliances and partnerships.

 

 

About Linde

Linde is a leading global industrial gases and engineering company with 2021 sales of $31 billion (€26 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 & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. 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 www.linde.com

 
Contacts:

 

Investor Relations 
Juan Pelaez
Phone: +1 203 837 2213
Email: juan.pelaez@linde.com

Media Relations
Anna Davies
Phone: +44 1483 244705
Email: anna.davies@linde.com

 


08.09.2022 CET/CEST 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 www.dgap.de

Language:

English

Company:

Linde plc

Forge, 43 Church Street West

GU21 6HT Woking, Surrey

United Kingdom

Phone:

+1-203-837-2210

E-mail:

Investor_Relations@Linde.com

Internet:

www.linde.com

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:

1438249


 

End of News

DGAP News Service

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