Linde AG: Linde awarded second major contract to supply hydrogen plant for Praxair
February 28, 2019 at 07:05 am EST
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DGAP-News: Linde AG / Key word(s): Contract
Linde AG: Linde awarded second major contract to supply hydrogen plant for Praxair
28.02.2019 / 13:00
The issuer is solely responsible for the content of this announcement.
Linde awarded second major contract to supply hydrogen plant for Praxair
- Production capacity over 190,000 Nm3/h of high-purity hydrogen
- Plant to be part of Praxair's hydrogen system in Louisiana
Munich, 28 February 2019 - The technology company The Linde Group has signed a contract with U.S. industrial gas company, Praxair Inc., to supply a hydrogen plant. The new plant will be part of Praxair's hydrogen system in Louisiana.
"We are very pleased with this second major order from Praxair to supply a large hydrogen plant within a few months," said Dr Christian Bruch, Member of the Executive Board of Linde AG and responsible for the company's plant engineering business. "Our well-founded and customer-oriented engineering solutions are the basis of this success."
Linde's Engineering Division is responsible for the design and supply of the equipment for the core components of the hydrogen plant. The order includes the steam-methane reformer, designed and supplied by Linde subsidiary Selas Linde in Blue Bell, Pennsylvania, the pressure swing adsorption unit, and the balance of the core plant. The plant will have a production capacity of over 190,000 Nm3/h of high-purity hydrogen and will also generate steam. The new plant will be highly modularized with world-class reliability and energy efficiency and is scheduled to come on stream in 2021.
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
Julia Szeszat
Phone +49.89.35757-1332
Contact:
Person making the notification: Matthias Dachwald, Head of External Communications
28.02.2019 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 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
Listed:
Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial Market in Hanover, Tradegate Exchange; SIX
Linde plc is one of the world's leading engineering and industrial gas production groups. Net sales break down by activity as follows:
- production and sale of industrial gases (86.3%). Net sales break down by market between chemicals and energy (25%), manufacturing (19%), healthcare (16%), metals and mining (14%), food and beverage (10%), electronics (9%) and other (7%);
- surface engineering services (8.3%);
- other (5.4%).
Net sales are distributed geographically as follows: the United Kingdom (5.9%), the United States (31.6%), Germany (11%), China (7.9%), Australia (4.1%), Brazil (3.5%) and other (36%).
LINDE PLC 
