Linde

IDTechEx Reports on Hydrogen's Decade Ahead: Energizing the Future

Retrieved on: 
Monday, January 15, 2024

IDTechEx anticipates SMR, POX, and ATR to lead the blue hydrogen sector in the coming decade, with ATR potentially dominating new production capacity by 2034.

Key Points: 
  • IDTechEx anticipates SMR, POX, and ATR to lead the blue hydrogen sector in the coming decade, with ATR potentially dominating new production capacity by 2034.
  • However, IDTechEx predicts AWE and PEMEL will lead the market in the coming decade due to their established presence.
  • Major steelmaking companies view this as the future of sustainable steel, anticipating it to replace carbon-intensive blast furnace processes.
  • IDTechEx offer access to the full portfolio of energy related research through bespoke subscription services – visit www.IDTechEx.com/Energy to find out more.

Dow's Board of Directors Approves Final Investment Decision for Path2Zero Project

Retrieved on: 
Tuesday, November 28, 2023

The region also features access to existing CO2 transportation and storage infrastructure with available capacity to fully support decarbonization of the project.

Key Points: 
  • The region also features access to existing CO2 transportation and storage infrastructure with available capacity to fully support decarbonization of the project.
  • Dow's investment leverages approximately $2 billion of investment from third-party companies for circular hydrogen, CO2 capture, and other infrastructure assets critical to the project execution.
  • We are proud that Dow has chosen to build and launch their project here.
  • This project does not just mean net-zero emissions, it means more jobs and a stronger economy.

EQS-News: Linde Included in Dow Jones Sustainability World Index for the Twenty-First Consecutive Year

Retrieved on: 
Thursday, December 14, 2023

Woking, UK, December 14, 2023 – Linde (Nasdaq: LIN) announced today it has been included in the Dow Jones Sustainability World Index (DJSI World) for the twenty-first consecutive year.

Key Points: 
  • Woking, UK, December 14, 2023 – Linde (Nasdaq: LIN) announced today it has been included in the Dow Jones Sustainability World Index (DJSI World) for the twenty-first consecutive year.
  • Linde has also been included in the DJSI North America.
  • The DJSI World comprises global sustainability leaders representing the top 10% of the 2,500 largest companies in the S&P Global Broad Market Index.
  • Constituents are selected based on several factors including performance in the S&P Global Corporate Sustainability Assessment, in which Linde achieved an industry-leading score.

EQS-News: Linde Increases Hydrogen Production in Southeast United States

Retrieved on: 
Thursday, December 14, 2023

Woking, UK, December 5, 2023 – Linde (Nasdaq: LIN) announced today it has increased the liquid hydrogen production capacity at its facility in McIntosh, Alabama.

Key Points: 
  • Woking, UK, December 5, 2023 – Linde (Nasdaq: LIN) announced today it has increased the liquid hydrogen production capacity at its facility in McIntosh, Alabama.
  • Linde’s McIntosh facility will now produce up to 30 tons per day of liquid hydrogen for the local merchant market.
  • The expansion complements Linde’s existing hydrogen business in the southeastern U.S. and increases network density in the region.
  • “Over the past decade we have continued to expand our robust hydrogen production and supply network in the U.S., establishing Linde as the largest supplier of liquid hydrogen in the country,” said Todd Lawson, Vice President East Region, Linde.

Green Hydrogen Market worth $66,435.4 Million by 2033 - Exclusive Report by We Market Research

Retrieved on: 
Wednesday, November 8, 2023

These advancements have made green hydrogen production more economically viable, with increased capacity and shorter startup times.

Key Points: 
  • These advancements have made green hydrogen production more economically viable, with increased capacity and shorter startup times.
  • Request Your Sample Report for more insights into the Green Hydrogen Market:
    In addition, there are innovations in hydrogen storage and transportation technologies.
  • Overall, technological progress in the green hydrogen market is accelerating the path toward a hydrogen economy.
  • The European Green Deal, along with significant funding commitments, serves as a catalyst for green hydrogen projects and research initiatives.

Green Hydrogen Market worth $66,435.4 Million by 2033 - Exclusive Report by We Market Research

Retrieved on: 
Wednesday, November 8, 2023

These advancements have made green hydrogen production more economically viable, with increased capacity and shorter startup times.

Key Points: 
  • These advancements have made green hydrogen production more economically viable, with increased capacity and shorter startup times.
  • Request Your Sample Report for more insights into the Green Hydrogen Market:
    In addition, there are innovations in hydrogen storage and transportation technologies.
  • Overall, technological progress in the green hydrogen market is accelerating the path toward a hydrogen economy.
  • The European Green Deal, along with significant funding commitments, serves as a catalyst for green hydrogen projects and research initiatives.

Market Segmentation Analysis Reveals Steam Methane Reforming Dominance and Rapid Growth in Mobility Sector in the Global Hydrogen Market

Retrieved on: 
Monday, November 6, 2023

By Technology: The global hydrogen market is categorized into four segments based on technology: steam methane reforming (SMR), electrolysis, coal gasification, and others.

Key Points: 
  • By Technology: The global hydrogen market is categorized into four segments based on technology: steam methane reforming (SMR), electrolysis, coal gasification, and others.
  • By Sector: Hydrogen demand is segmented into five sectors: existing industry use, mobility, power generation, building and industry heat, and new industry feedstock.
  • While grey hydrogen, produced from fossil fuels, dominates the market currently, green hydrogen from renewable sources and low carbon hydrogen are expected to grow significantly.
  • By Region: The global hydrogen market is analyzed based on regions, including Europe, North America, Asia Pacific, and the rest of the world.

EQS-News: Linde plc: Linde Declares Dividend in Fourth Quarter 2023 and New $15 Billion Share Repurchase Program

Retrieved on: 
Thursday, October 26, 2023

Woking, UK, October 23, 2023 – Linde plc (NYSE: LIN) announced its Board of Directors has declared a quarterly dividend of $1.275 per share.

Key Points: 
  • Woking, UK, October 23, 2023 – Linde plc (NYSE: LIN) announced its Board of Directors has declared a quarterly dividend of $1.275 per share.
  • The dividend is payable on December 18, 2023 to shareholders of record on December 4, 2023.
  • The Board of Directors also approved a new share repurchase program for up to $15 billion of Linde's ordinary shares.
  • Our first line of priority is to invest in high-quality growth opportunities and any surplus cash, deploy it to shareholders through a share repurchase program."

EQS-News: Linde to Supply Industrial Gases to Indian Oil’s Panipat Refinery

Retrieved on: 
Thursday, October 26, 2023

Woking, UK, October 25, 2023 – Linde (NYSE: LIN) announced today that its entities in India have signed long-term agreements for the supply of industrial gases to Indian Oil Corporation’s Panipat refinery in Northern India.

Key Points: 
  • Woking, UK, October 25, 2023 – Linde (NYSE: LIN) announced today that its entities in India have signed long-term agreements for the supply of industrial gases to Indian Oil Corporation’s Panipat refinery in Northern India.
  • Linde’s entities will build, own and operate major new on-site facilities to supply hydrogen, nitrogen and compressed dry air to Indian Oil.
  • The new on-site facilities will support the multi-billion-dollar expansion of the Panipat refinery from 15 to 25 million metric tons per year.
  • Panipat will be the second large-scale hydrogen plant which is built, owned and operated by Linde entities for Indian Oil.

EQS-News: Linde plc: Linde Reports Third Quarter 2023 Results (Earnings Release Tables Attached)

Retrieved on: 
Thursday, October 26, 2023

Excluding Linde AG purchase accounting impacts and other charges, adjusted net income was $1,783 million, up 15% versus prior year.

Key Points: 
  • Excluding Linde AG purchase accounting impacts and other charges, adjusted net income was $1,783 million, up 15% versus prior year.
  • Adjusted operating profit of $2,306 million was up 15% versus prior year led by higher price and continued productivity initiatives across all segments.
  • Linde Engineering sales were $467 million, 44% below prior year, and operating profit was $116 million or 24.8% of sales.
  • A teleconference on Linde’s third quarter 2023 results is being held today at 9:00 am EDT.