Linde (NYSE:LIN; FWB:LIN) announced today it has achieved an industry-leading score in the 2022 S&P Global Corporate Sustainability Assessment (CSA). The S&P Global CSA is a sustainability benchmark, which also serves as a basis for the Dow Jones Sustainability Indices (DJSI), S&P 500 ESG and other sustainability indices. Companies are subject to a detailed review […]
continue readingLinde and SLB Collaborate on Carbon Capture and Sequestration
Linde (NYSE: LIN; FWB: LIN) and SLB (NYSE: SLB) announced today that they have entered into a strategic collaboration on carbon capture, utilization and sequestration (CCUS) projects to accelerate decarbonization solutions across industrial and energy sectors. The collaboration will combine decades of experience in carbon dioxide (CO2) capture and sequestration; innovative technology portfolios; project development […]
continue readingLinde Reports Third-Quarter 2022 Results
Sales $8.8 billion, up 15% versus prior-year quarter Operating profit $1.6 billion; adjusted operating profit $2.0 billion, up 11% Operating profit margin 18.3%; adjusted operating profit margin 22.8%, up 90 basis points ex. cost pass-through EPS $2.54; adjusted EPS $3.10, up 14% Operating cash flow of $2.6 billion, up 3% versus prior-year quarter and 24% […]
continue readingLinde Expands Agreement with Jindal Steel in India
Linde (NYSE:LIN; FWB:LIN) today announced it has expanded its existing long-term agreement for the supply of industrial gases with Jindal Stainless Limited (JSL), one of the largest stainless steel producers in India. Linde already supplies oxygen, nitrogen and argon to JSL from its on-site Air Separation Unit (ASU) at the Kalinganagar Industrial Estate in Odisha, […]
continue readingLinde Joins United Nations Global Compact
Linde (NYSE:LIN; FWB:LIN) today announced it has become a signatory to the United Nations Global Compact (UNGC), the world’s largest corporate sustainability initiative. Through its participation, Linde has committed to align its strategy and activities with the UNGCs Ten Principles across human rights, labor, environment and anti-corruption. It has also pledged to help advance the […]
continue readingLinde Declares Dividend in Third Quarter 2022
Linde plc (NYSE: LIN; FWB: LIN) announced its Board of Directors has declared a quarterly dividend of $1.17 per share. The dividend is payable on September 16, 2022 to shareholders of record on September 2, 2022. Über die Linde AG Linde is a leading global industrial gases and engineering company with 2021 sales of $31 […]
continue readingLinde Signs New Supply Agreement with Major Space Launch Company
Linde (NYSE:LIN; FWB:LIN) today announced it has signed another long-term agreement with a major space launch company in Florida for the supply of bulk industrial gases. Linde will supply the customer with liquid oxygen and nitrogen from its air separation plant at Mims, Florida, which is currently undergoing a further expansion to increase production capacity […]
continue readingLinde Signs Long-Term Agreement with BASF in France
Linde (NYSE:LIN; FWB:LIN) today announced that it has signed a long-term agreement with BASF, one of the world’s largest chemical companies, for the supply of hydrogen and steam. Linde will design, build, own and operate a new hydrogen production facility at Chalampé, France, effectively doubling Linde’s current capacity in the Chalampé chemical park where it […]
continue readingLinde Reports Third-Quarter 2021 Results
Sales $7.7 billion, up 12% versus prior-year quarter Operating profit $1.3 billion; adjusted operating profit $1.8 billion, up 19% Operating profit margin 16.8%; adjusted operating profit margin 23.6%, up 150 basis points EPS $1.88, up 42%; adjusted EPS $2.73, up 27% Strong operating cash flow $2.6 billion, up 36% Increased full-year 2021 adjusted EPS guidance […]
continue readingLinde Board Elects Two New Directors and Adds Sustainability Committee
Linde plc (NYSE: LIN; FWB: LIN) announced today that its Board of Directors has elected Joe Kaeser and Alberto Weisser as new directors of Linde plc, effective November 1, 2021. Kaeser will serve on the Nomination and Governance and the Human Capital Committees, and Weisser will serve on the Audit and the Sustainability Committees. Kaeser […]
continue reading