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Linde Starts Up Major New Hydrogen Facility in the U.S. Gulf Coast
Linde (NYSE:LIN; FWB:LIN) announced today it has started up a new world-scale hydrogen production facility in Texas, bringing Linde’s total U.S. Gulf Coast hydrogen capacity to approximately 1.5 billion cubic feet per day. Linde’s new plant has started supplying high-purity hydrogen to the Phillips 66 Sweeny Refinery in Old Ocean, Texas, under a long-term supply agreement. The new facility is located on Linde’s approximately 600-kilometer U.S. Gulf Coast hydrogen pipeline, which runs from Lake Charles, Louisiana, to Freeport, Texas, and has now been extended to connect with the Sweeny Refinery. In addition to supplying Phillips 66, the new facility will meet the growing demand for hydrogen from other customers in…
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Österreichisches Forschungsprojekt „H2Pioneer“ Grüner Wasserstoff für die Halbleiterindustrie
Das Halbleiterunternehmen Infineon Technologies Austria und das Industriegase- und Engineeringunternehmen Linde haben einen Vertrag über den Bau einer Anlage für nachhaltig erzeugten Wasserstoff in der Halbleiterindustrie unterzeichnet. Die im Rahmen des Forschungsprojektes „H2Pioneer“ geplante Demonstrationsanlage zur Erzeugung von hochreinem Wasserstoff aus erneuerbaren Energiequellen in Villach wird Anfang 2022 in Betrieb gehen. Die Halbleiterindustrie ist eine der dynamischsten, technisch anspruchsvollsten und wettbewerbsintensivsten Branchen der Welt mit nach wie vor hohem Wachstumspotenzial. Infineon baut aktuell die Fertigungskapazitäten am Standort in Villach aus und investiert 1,6 Milliarden Euro in eine neue High-Tech Chipfabrik für Leistungselektronik („Energiesparchips“). Mit der Nachfrage nach Mikroelektroniklösungen steigt auch der Bedarf der in der Produktion benötigten Gase und Chemikalien…
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Linde Reports Second-Quarter 2021 Results
Financial Highlights Sales $7.6 billion, up 19% versus prior-year quarter Operating profit $1.1 billion; adjusted operating profit $1.8 billion, up 39% Operating profit margin 15.1%; adjusted operating profit margin 24.2%, up 350 basis points EPS $1.60, up 84%; adjusted EPS $2.70, up 42% Increased full-year 2021 adjusted EPS guidance to $10.10 – $10.30, representing 23% to 25% growth year-over-year Linde plc (NYSE: LIN; FWB: LIN) today reported second-quarter 2021 income from continuing operations of $840 million and diluted earnings per share of $1.60, an increase of 84% versus prior year. Excluding Linde AG purchase accounting impacts and other charges, adjusted income from continuing operations was $1,415 million, up 41% versus…
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Linde Declares Dividend in Third Quarter 2021
Linde plc (NYSE: LIN; FWB: LIN) announced its Board of Directors has declared a quarterly dividend of $1.06 per share. The dividend is payable on September 17, 2021 to shareholders of record on September 3, 2021. Über die Linde AG 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…
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Linde Recognized as a Leader in 100 Best Corporate Citizens of 2021
Linde (NYSE: LIN; FWB: LIN) today announced it has been named one of the 100 Best Corporate Citizens of 2021, which identifies the top companies for environmental, social and governance (ESG) practices. The 100 Best Corporate Citizens of 2021 was compiled based on thorough analysis of the public disclosures, policies and performance of the 1,000 largest, publicly traded U.S. companies. The 2021 list benchmarks companies based on 146 ESG factors across eight categories, including how companies responded to the COVID-19 pandemic and their support of social equality initiatives. In the Environment category, Linde ranked second overall and was highest ranked amongst the members of the Materials sector. In addition, Linde…
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Linde Announces Second Quarter 2021 Earnings and Conference Call Schedule
Linde (NYSE: LIN; FWB: LIN) will release its second quarter 2021 financial results on Friday, July 30, 2021, at 06:00 EDT/midday CEST. The Company will host and webcast its conference call at 9:00 EDT/15:00 CEST, which will be available to the public and the media in listen-only mode. Live conference call US Toll-Free Dial-In Number: 1 855 758 5442 Germany Toll-Free Dial-In Number: 0800 181 5287 UK Toll-Free Dial-In Number: 0800 028 8438 Access code: 2925099 Live webcast (listen-only) https://investors.linde.com/events-presentations Short URL: https://t1p.de/i2ho Web replay Available on demand beginning at 12:00 EDT/18:00 CEST on Friday, July 30, 2021 at: https://investors.linde.com/events-presentations Short URL: https://t1p.de/i2ho Telephone replay Available on demand for two…
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Linde Recognized by Forbes and DiversityInc for its Leadership in Diversity
Linde (NYSE: LIN; FWB: LIN) today announced it has once again been recognized by Forbes and DiversityInc for its leadership in diversity and inclusion. Linde has been included in the Forbes Best Employers for Diversity 2021 list for the second consecutive year. The list identifies the top 500 US companies for diversity and inclusion, based on interviews with 50,000 employees who rate their organizations on criteria such as age, gender, ethnicity, disability, sexual orientation equality and overall diversity. The final list includes companies that not only received the highest scores from their employees, but also boast the most diverse boards and executive ranks and have the most proactive diversity and…
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Linde to Supply World’s First Hydrogen-Powered Ferry
Linde (NYSE: LIN; FWB: LIN) today announced it has been selected by Norwegian ferry operator Norled to supply liquid hydrogen and related infrastructure to the world’s first operational hydrogen-powered ferry, which will transport both cars and passengers. Linde will provide a full-service solution to the MF Hydra ferry in Norway. Liquid hydrogen will be supplied from Linde’s new 24MW electrolyzer at the Leuna Chemical Complex in Germany, which will use PEM (Proton Exchange Membrane) technology to produce green hydrogen. Linde will also build and install onshore and onboard hydrogen storage, distribution and safety equipment. Supply of hydrogen is scheduled to commence in 2022, at which point the fuel cell-powered ferry…
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Linde Reports Full-Year and Fourth-Quarter 2020 Results
Full-Year Highlights Sales $27.2 billion, down 3% Operating profit $3.3 billion, adjusted operating profit $5.8 billion, up 10% Operating profit margin 12.2%; adjusted operating profit margin 21.3%, up 260 basis points versus prior year EPS $4.70; adjusted EPS $8.23, up 12% Strong operating cash flow $7.4 billion, up 21% Returned $4.4 billion to shareholders through dividends and share repurchases Reduced GHG emissions intensity by 16% versus 2018; target of 35% reduction by 2028 Fourth-Quarter Highlights Sales $7.3 billion, up 3% YoY Operating profit $1.0 billion, adjusted operating profit $1.6 billion, up 20% Operating profit margin 14.2%; adjusted operating profit margin 22.2%, up 320 basis points EPS $1.45; adjusted EPS $2.30,…
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Linde Reports Third-Quarter 2020 Results
. Financial Highlights Operating profit margin 14.1%; adjusted operating profit margin 22.1%, up 230 basis points versus prior year EPS of $1.32; adjusted EPS of $2.15, up 11% Strong free cash flow of $1.1 billion, up 20% Increased full-year 2020 adjusted EPS guidance to $8.05 – $8.10, represents 12% growth year-over-year, ex-FX* Linde plc (NYSE: LIN; FWB: LIN) today reported third-quarter 2020 income from continuing operations of $699 million and diluted earnings per share of $1.32. Excluding Linde AG purchase accounting impacts and other charges, adjusted income from continuing operations was $1,140 million, up 8% versus prior year and 13% sequentially. Adjusted earnings per share was $2.15, 11% above prior…
