EQS-News: Linde Signs Record Number of Small On-Site Projects in 2023

EQS-News: Linde plc / Key word(s): Miscellaneous Linde Signs Record Number of Small On-Site Projects in 2023 23.01.2024 / 11:59 CET/CEST The issuer is solely responsible for the content of this announcement. Linde Signs Record Number of Small On-Site Projects in 2023 Woking, UK, January 23, 2024 – Linde (Nasdaq: LIN) announced today it has signed a record number of new small on-site projects during 2023, its fourth consecutive year of growth. Linde signed 53 new small on-site projects with capex totaling $270 million for the supply of nitrogen and oxygen during 2023. Small on-site projects use Linde’s proprietary ECOVAR® technology, which is designed to be highly efficient, flexible and reliable while helping customers minimize their environmental impact. The demand for Linde’s NITRONTM on-site nitrogen plants was across multiple sectors, including battery storage for both consumer electronics and electric vehicles. In addition, glass and metals comprised a significant proportion of Linde’s next generation VITRON®on-site oxygen plant projects. Linde’s portfolio of oxy-fuel applications reduces customers’ fuel consumption and emissions, playing a key role in these project wins. “Linde’s proprietary small on-site technology enables our customers to be more efficient and sustainable across diverse end markets,“ said Sanjiv Lamba, Chief Executive Officer, Linde. “In addition to record small on-site project wins, Linde’s modular multi-plant solutions are popular with customers for enhanced operational flexibility and lower costs.” About Linde Linde is a leading global industrial gases and engineering company with 2022 sales of $33 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, decarbonize and protect our planet. The company serves a variety of end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases and technologies are used in countless applications including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity & specialty gases for electronics. 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 linde.com   Contacts:       Investor Relations  Juan Pelaez Phone: [phone] Email: [e-mail]   Media Relations Anna Davies Phone: [phone] Email: [e-mail]   23.01.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	Linde plc
	Forge, 43 Church Street West
	GU21 6HT Woking, Surrey
	United Kingdom
Phone:	[phone]
E-mail:	[e-mail]
Internet:	www.linde.com
ISIN:	IE000S9YS762
Listed:	Nasdaq
EQS News ID:	1820357

End of News	EQS News Service

1820357  23.01.2024 CET/CEST