Linde

Decarbonization Initiatives Provide New Market Opportunities for Gas Separation Membranes, IDTechEx Reports

Retrieved on: 
Tuesday, June 6, 2023
Shell, Pressure, FPSO, Adsorption, MTR, Lotte Chemical, Hydrogen, Linde, Membrane, RNG, Climate change mitigation, Research, TFC, Carbon, History, Thin-film composite membrane, Government, PEM, Air Liquide, BP, Traction, Permeability, Ammonia, MMM, Natural gas, Atmospheric pressure, Methane, Growth, Transport, FSCS, CO2, EOR, TotalEnergies, CCUS, Renewable energy, Industrial gas, Palladium, EU

One such recurring challenge is that of efficient gas separation; IDTechEx asks: Does this present a market opportunity for membrane technology?

Key Points: 
  • One such recurring challenge is that of efficient gas separation; IDTechEx asks: Does this present a market opportunity for membrane technology?
  • IDTechEx has launched a new market report, " Gas Separation Membranes 2023-2033 "¸ which provides a critical technology roadmap, company landscape, and market outlook for this evolving industry.
  • Gas separation membranes have already achieved commercial adoption in multiple applications, specifically nitrogen production, hydrogen recovery, natural gas treatment, and vapor recovery.
  • Gas Separation Membranes 2023-2033 " provides clarity on this evolving market with key market forecasts, technology roadmaps and player profiles.

Decarbonization Initiatives Provide New Market Opportunities for Gas Separation Membranes, IDTechEx Reports

Retrieved on: 
Tuesday, June 6, 2023
Shell, Pressure, FPSO, Adsorption, MTR, Lotte Chemical, Hydrogen, Linde, Membrane, RNG, Climate change mitigation, Research, TFC, Carbon, History, Thin-film composite membrane, Government, PEM, Air Liquide, BP, Traction, Permeability, Ammonia, MMM, Natural gas, Atmospheric pressure, Methane, Growth, Transport, FSCS, CO2, EOR, TotalEnergies, CCUS, Renewable energy, Industrial gas, Palladium, EU

One such recurring challenge is that of efficient gas separation; IDTechEx asks: Does this present a market opportunity for membrane technology?

Key Points: 
  • One such recurring challenge is that of efficient gas separation; IDTechEx asks: Does this present a market opportunity for membrane technology?
  • IDTechEx has launched a new market report, " Gas Separation Membranes 2023-2033 "¸ which provides a critical technology roadmap, company landscape, and market outlook for this evolving industry.
  • Gas separation membranes have already achieved commercial adoption in multiple applications, specifically nitrogen production, hydrogen recovery, natural gas treatment, and vapor recovery.
  • Gas Separation Membranes 2023-2033 " provides clarity on this evolving market with key market forecasts, technology roadmaps and player profiles.

A Reality Check on the Energy Transition. Are We Too Late? – An Industrial Info News Alert

Retrieved on: 
Thursday, May 25, 2023
Oil, Gas, Coal, Alternative Energy, Green Technology, Energy, Climate Change, Sustainability, Recycling, Nuclear, Environmental Policy, Environment, Environmental Issues, Environmental Health, Natural Disasters, Other Energy, Utilities, Five Get Over Excited, Federal Reserve Bank, Energy policy of the European Union, IIR, Hydrogen, Perception, Policy, GMI, Research, Pioneer Natural Resources, Carbon, USD, DAC, Government, G7, Pioneer, Inflation, Gorgon, XOM, Climate change, BP, Federal Reserve Bank of Dallas, CVX, Investment, Risk, CO2, CCS, Bain & Company, Growth, PXD, Chevron, Chevron Corporation, News, NYSE, Inflation Reduction Act of 2022, Renewable energy, Cryptocurrency, ExxonMobil, Linde

Various pathways to a net-zero economy are embedded in energy forecasts from the world's major economies.

Key Points: 
  • Various pathways to a net-zero economy are embedded in energy forecasts from the world's major economies.
  • The Inflation Reduction Act, which passed last year, is packed with tax incentives to help realize that goal.
  • Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Project Database can click here to see a detailed project report.
  • Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries.

Nikola Corporation Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023
Online, California Air Resources Board, PHH, Partnership, Linde, Policy, CARB, HYLA, Inflation, EQT, City, Walmart, Fortescue Metals Group, Nikola Corporation, Growth, United States Postal Service, Inflation Reduction Act of 2022, Ecosystem, Gamma, Transport, Mail, Iveco, Grenfell Tower Inquiry Phase 2, Software, Natural gas, Electric battery, Renewable energy, Rail transport, PHOENIX

Reprioritizing and refocusing the company on North America, hydrogen fuel cell electric truck, HYLA hydrogen refueling business, and autonomous technologies

Key Points: 
  • Reprioritizing and refocusing the company on North America, hydrogen fuel cell electric truck, HYLA hydrogen refueling business, and autonomous technologies
    Realigning cost structure with new business focus, reducing spend and cash burn
    PHOENIX, May 9, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation solutions, today reported financial results and business updates for the quarter ended March 31, 2023.
  • "Nikola had a very solid quarter, building sales momentum with Class 8 battery electric truck deliveries to customers, and orders for 140 hydrogen fuel cell trucks from customers," said Nikola CEO Michael Lohscheller.
  • On May 2, 2023, we announced the execution of a joint development agreement with Voltera Power , backed by EQT.
  • We are beginning to see an uptick in retail sales, achieving 33 in the quarter, a significant increase from 2022.

Great Lakes Clean Hydrogen Hub Coalition Submits Application for DOE Funding

Retrieved on: 
Tuesday, May 2, 2023
Hydrogen, University, Michigan's congressional districts, Infrastructure Investment and Jobs Act, LIN, Marcy Kaptur, Great Lakes, Aviation, GE Aviation, DOE, Investment, FirstEnergy, Glass, Letter, NYSE, United States Department of Energy, Renewable energy, Linde

TOLEDO, Ohio, May 2, 2023 /PRNewswire/ -- The Great Lakes Clean Hydrogen Hub coalition (GLCH) has submitted a full application for federal funding from the $8 billion U.S. Department of Energy (DOE) program to support the creation of regional clean hydrogen hubs under the Infrastructure Investment and Jobs Act.

Key Points: 
  • TOLEDO, Ohio, May 2, 2023 /PRNewswire/ -- The Great Lakes Clean Hydrogen Hub coalition (GLCH) has submitted a full application for federal funding from the $8 billion U.S. Department of Energy (DOE) program to support the creation of regional clean hydrogen hubs under the Infrastructure Investment and Jobs Act.
  • Great Lakes Clean Hydrogen Hub Coalition aims to help major industries across Midwest decarbonize.
  • GLCH's full application details a $2 billion plan to create a clean hydrogen hub to serve Ohio, Michigan, and portions of Pennsylvania and Indiana.
  • The proposed hub will use carbon-free nuclear power to produce clean hydrogen at a competitive cost.

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

Retrieved on: 
Friday, April 28, 2023
Maintenance, Linde plc, Food, Electronics, LIN, Linde, Regardless, EST, Sale, Public expenditure, Comparables, FX, Engineering, Lamba, Yoy, Growth, EPS, NYSE, Security (finance), Video game, ROC

Excluding Linde AG purchase accounting impacts and other charges, adjusted net income was $1,693 million, up 13% versus prior year.

Key Points: 
  • Excluding Linde AG purchase accounting impacts and other charges, adjusted net income was $1,693 million, up 13% versus prior year.
  • Linde’s sales for the first quarter were $8,193 million, flat versus prior year or 3% above when excluding negative currency impact.
  • Linde Engineering sales were $540 million, 26% below prior year, and operating profit was $149 million or 27.6% of sales.
  • A teleconference on Linde’s first-quarter 2023 results is being held today at 9:00 am EST.

ForwardX Robotics Expands to Europe with Launch at LogiMAT

Retrieved on: 
Thursday, April 27, 2023
TCL, SF, XLooking Forwardx, Linde, AMR, Mitsubishi Group, Qualcomm, USD, Harley-Davidson, Walmart, SoftBank Group, Robotics, 2022 Winter Olympics, Intel, IKEA, Frost, Airline, Online shopping, Dematic

BEIJING, April 27, 2023 /PRNewswire/ -- ForwardX Robotics has announced its expansion into Europe with a launch at the LogiMAT trade show.

Key Points: 
  • BEIJING, April 27, 2023 /PRNewswire/ -- ForwardX Robotics has announced its expansion into Europe with a launch at the LogiMAT trade show.
  • ForwardX Robotics is a global leading enterprise in autonomous mobile robots (AMRs) and a pioneer and leader of the fourth-generation mobile robots, visual AMRs.
  • "We are excited to bring our extensive line of products and applications to Europe and showcase our mature warehousing and manufacturing solutions at LogiMAT.
  • ForwardX's launch at LogiMAT in Europe is a significant milestone for the company, and it looks forward to showcasing its innovative solutions to the European market.

Dow selects Linde as clean hydrogen and nitrogen partner for its proposed net-zero carbon emissions ethylene and derivatives complex in Canada

Retrieved on: 
Tuesday, April 25, 2023
Climate, Partnership, Hydrogen, LIN, Tax, Carbon, Linde plc, Engineering, DOW, Depreciation, Growth, Nitrogen, NYSE, Oil, Industrial gas, Dow, Linde, EBITDA, Fort Saskatchewan

MIDLAND, Mich., April 25, 2023 /PRNewswire/ -- Dow (NYSE: DOW) announced today it has selected Linde (NYSE: LIN) as its industrial gas partner for the supply of clean hydrogen and nitrogen for its proposed net-zero carbon emissions1 integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta, Canada.

Key Points: 
  • MIDLAND, Mich., April 25, 2023 /PRNewswire/ -- Dow (NYSE: DOW) announced today it has selected Linde (NYSE: LIN) as its industrial gas partner for the supply of clean hydrogen and nitrogen for its proposed net-zero carbon emissions1 integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta, Canada.
  • Final investment decisions for both the Dow and Linde projects are subject to approval by both companies' respective Board of Directors and various regulatory agencies.
  • Final investment decisions are expected in fourth quarter this year for a potential startup of phase 1 in 2027.
  • Under the parties' framework agreement, Linde will complete the design and engineering for a Linde-owned and operated world-scale air separation and autothermal reformer complex.

EQS-News: Linde to Supply Green Hydrogen to Evonik in Singapore

Retrieved on: 
Thursday, April 20, 2023
Hydrogen, Methionine, Woking, ASEAN, NYSE, Carbon, LIN, Renewable energy, Fine chemical, Linde, Jurong Island

Woking, UK, April 20, 2023 – Linde (NYSE: LIN) announced today that it has signed a long-term agreement to supply green hydrogen to Evonik, a leading specialty chemicals company.

Key Points: 
  • Woking, UK, April 20, 2023 – Linde (NYSE: LIN) announced today that it has signed a long-term agreement to supply green hydrogen to Evonik, a leading specialty chemicals company.
  • The plant will produce green hydrogen, which Evonik will use to manufacture methionine, an essential component in animal feed.
  • In addition to supplying Evonik, Linde will use the Jurong Island electrolyzer plant to supply the local merchant market with green hydrogen in response to growing demand.
  • “We welcome the opportunity to help Evonik sustainably grow its operations on Jurong Island through the safe and reliable supply of green hydrogen,” said Moloy Banerjee, President ASEAN & South Asia, Linde.

EQS-News: Linde to Increase Capacity of Samsung Display On-Site Facility in South Korea

Retrieved on: 
Wednesday, April 19, 2023
Electronics, LIN, Oxygen, Samsung, LCD, Argon, Woking, OLED, Samsung Display, Helium, Nitrogen, NYSE, Industrial gas, Linde

Woking, UK, April 19, 2023 – Linde (NYSE:LIN) announced today that it will expand the capacity of its on-site facility in Tangjeong, South Korea, to increase its supply of high-purity industrial gases to Samsung Display.

Key Points: 
  • Woking, UK, April 19, 2023 – Linde (NYSE:LIN) announced today that it will expand the capacity of its on-site facility in Tangjeong, South Korea, to increase its supply of high-purity industrial gases to Samsung Display.
  • The increased capacity supports Samsung Display’s planned multi-billion-dollar investment to convert its existing LCD production line to OLED, in response to global market demand.
  • Linde will build, own and operate a state-of-the-art SPECTRA plant to produce more than 2,000 tons per day of high-purity nitrogen.
  • In addition to supplying Samsung Display, the plant will supply the local merchant market, plus crude rare gases to Linde’s new purification facility in nearby Hyungok.