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LINDE PLC Linde Starts Up New Syngas Processing Plant in the U.S. Gulf Coast

Directive transparence : information réglementée

05/05/2020 12:00

DGAP-News: Linde plc / Key word(s): Miscellaneous
Linde Starts Up New Syngas Processing Plant in the U.S. Gulf Coast

05.05.2020 / 12:00
The issuer is solely responsible for the content of this announcement.


Linde Starts Up New Syngas Processing Plant in the U.S. Gulf Coast

Guildford, UK, May 5, 2020 - Linde (NYSE: LIN; FWB: LIN) announced today it has started up a state-of-the-art syngas processing plant in Geismar, Louisiana. The new plant will supply carbon monoxide and hydrogen to a top global chemical company as well as other refining and chemical customers along Linde's hydrogen pipeline network in Southern Louisiana, all under long-term supply agreements.

Carbon monoxide is a raw material used in the production of a broad range of specialty chemicals while hydrogen is used to produce several chemical intermediates and clean fuels. Linde's plant will convert by-product Acetylene Off-Gas (AOG), a lower-value waste stream, into these two high-value products to supply customers along its pipeline.

"The new Geismar plant brings our total investment in this area to approximately $250 million and demonstrates our ongoing commitment to serving our customers in the Mississippi River corridor in a safe, reliable and sustainable manner," said Jeff Barnhard, Vice President, South Region. "We are continuing to work with our customers to support their growth through the supply of the fundamental building blocks needed to produce higher-value chemicals and clean fuels."

About Linde
Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 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 aerospace, chemicals, food and beverage, electronics, energy, 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


05.05.2020 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.

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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: 1035787

 
End of News DGAP News Service

1035787  05.05.2020 

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