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Linde Starts Up New Liquid Hydrogen Plant in Texas

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DGAP-News: Linde plc / Key word(s): Miscellaneous
15.07.2021 / 11:59
The issuer is solely responsible for the content of this announcement.

Linde Starts Up New Liquid Hydrogen Plant in Texas

Guildford, UK, July 15, 2021 - Linde (NYSE: LIN; FWB: LIN) today announced it has started up its fifth liquid hydrogen plant in the U.S., reinforcing the company's robust supply network of plants in California, Alabama, Indiana and New York.

The new plant in La Porte, Texas, will supply over 30 tons per day of high-purity liquid hydrogen to meet growing demand from Linde's customers. The liquefier takes hydrogen from Linde's approximately 600-kilometer U.S. Gulf Coast pipeline, which has over 15 independent hydrogen production sources, giving it the most reliable feed supply of any hydrogen liquefier in the U.S. today. Linde will purify and liquefy the hydrogen before supplying it to end markets including material handling, mobility, aerospace, manufacturing, metals, energy and electronics.

"The new hydrogen plant started up on time and on budget, which is a testament to the dedication of the team executing this project over the last two years," said Jeff Barnhard, Vice President South Region, Linde. "This plant will not only boost the reliability of our existing network but will also make the supply chain more efficient and increase our ability to serve the rising demand from existing and new customers, for both conventional and clean hydrogen."

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 also operates the world's first high-purity hydrogen storage cavern, coupled with an unrivaled pipeline network of approximately 1,000 kilometers globally to reliably supply its customers. Linde is at the forefront in the transition to clean hydrogen and has installed close to 200 hydrogen fueling stations and 80 hydrogen electrolysis plants worldwide.

About Linde
Linde is a leading global industrial gases and engineering company with 2020 sales of $27 billion (€24 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 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


15.07.2021 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

The Priestley Centre, 10 Priestley Road

GU2 7XY Guildford

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:

1219259


 

End of News

DGAP News Service

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