Energy Storage, Electronics and Manufacturing Drive Record Year for Linde Small On-Site Projects
WOKING, UK / ACCESSWIRE / February 3, 2023 / Linde (NYSE:LIN)(FWB:LIN) announced today it had another record year for new small on-site projects during 2022.
Linde signed 52 new small on-site projects for the supply of nitrogen and oxygen, a
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 new long-term agreements meet Linde's strict investment criteria and will ultimately deliver steady revenue and contribute to Linde's underlying growth. Most of the projects require investments under
"The growth in demand for next-generation lithium-ion batteries for consumer electronics, electric vehicles and other industrial applications has stimulated an impressive increase in activity across the energy storage value chain," said Sanjiv Lamba, Chief Executive Officer, Linde. "Linde's proprietary ECOVAR® technology means we can help our customers scale up their activity."
About Linde
Linde is a leading global industrial gases and engineering company with 2021 sales of
The company serves a variety of end markets including chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. 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 |
SOURCE: Linde plc
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