STOCK TITAN

Linde Increases Production Capacity and Reduces Emissions in Florida

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Linde (NASDAQ:LIN) has increased production capacity at its Mims facility in Florida by 50%, catering to the rising demand for industrial gases in the region. The expansion aims to meet the needs of various sectors like healthcare, manufacturing, food processing, and water treatment, with a focus on supplying aerospace customers. Additionally, the facility has reduced its greenhouse gas emissions by 15% through participation in the SolarTogether® program. Linde's investment reflects its commitment to sustainability and meeting the growing market demand.
Linde (NASDAQ:LIN) ha aumentato del 50% la capacità produttiva del suo stabilimento di Mims in Florida, per soddisfare la crescente domanda di gas industriali nella regione. L'espansione mira a rispondere alle esigenze di vari settori come la sanità, la produzione industriale, la lavorazione degli alimenti e il trattamento delle acque, con un focus particolare sui clienti del settore aerospaziale. Inoltre, lo stabilimento ha ridotto le sue emissioni di gas serra del 15% partecipando al programma SolarTogether®. L'investimento di Linde riflette il suo impegno per la sostenibilità e per soddisfare la crescente domanda di mercato.
Linde (NASDAQ:LIN) ha incrementado la capacidad de producción en su planta de Mims, Florida, en un 50%, para atender la creciente demanda de gases industriales en la región. La expansión tiene como objetivo satisfacer las necesidades de diversos sectores como la salud, la manufactura, el procesamiento de alimentos y el tratamiento de aguas, con un enfoque en el suministro a clientes del sector aeroespacial. Adicionalmente, la planta ha reducido sus emisiones de gases de efecto invernadero en un 15% mediante la participación en el programa SolarTogether®. La inversión de Linde demuestra su compromiso con la sostenibilidad y el cumplimiento de la creciente demanda del mercado.
린데(NASDAQ:LIN)는 플로리다주 미임스 시설의 생산 능력을 50% 증가시켜 지역 내 산업용 가스 수요 증가에 대응하고 있습니다. 이 확장은 건강, 제조, 식품 가공, 수처리 등 다양한 분야의 요구를 충족시키는 것을 목표로 하며, 특히 항공우주 고객에게 공급하는 데 중점을 두고 있습니다. 또한, 이 시설은 SolarTogether® 프로그램 참여를 통해 온실 가스 배출량을 15% 줄였습니다. 린데의 투자는 지속 가능성에 대한 그들의 약속과 시장 수요 증가를 충족시키려는 의지를 반영합니다.
Linde (NASDAQ:LIN) a augmenté la capacité de production de son établissement à Mims en Floride de 50%, répondant ainsi à la demande croissante en gaz industriels dans la région. L'expansion vise à répondre aux besoins de divers secteurs tels que la santé, la fabrication, la transformation alimentaire et le traitement de l'eau, en se concentrant sur la fourniture aux clients du secteur aérospatial. De plus, l'établissement a réduit ses émissions de gaz à effet de serre de 15% en participant au programme SolarTogether®. L'investissement de Linde reflète son engagement envers la durabilité et la satisfaction de la demande croissante du marché.
Linde (NASDAQ:LIN) hat die Produktionskapazität seines Werks in Mims, Florida, um 50% erhöht, um der steigenden Nachfrage nach Industriegasen in der Region gerecht zu werden. Die Erweiterung zielt darauf ab, den Bedarf verschiedener Sektoren wie Gesundheitswesen, Fertigung, Lebensmittelverarbeitung und Wasseraufbereitung zu decken, mit einem besonderen Fokus auf die Versorgung von Kunden aus der Luft- und Raumfahrtindustrie. Darüber hinaus hat das Werk seine Treibhausgasemissionen durch die Teilnahme am SolarTogether®-Programm um 15% gesenkt. Linde's Investition spiegelt sein Engagement für Nachhaltigkeit und die Erfüllung der wachsenden Marktnachfrage wider.
Positive
  • Linde has enhanced production capacity in Mims, Florida, by 50% to address the increasing demand for industrial gases.
  • The expansion is in response to the growing needs of sectors such as healthcare, manufacturing, food processing, water treatment, and aerospace.
  • Participation in Florida Power & Light's SolarTogether® program has led to a 15% reduction in greenhouse gas emissions at the Mims facility.
  • The investment showcases Linde's dedication to sustainability and meeting the rising market demand for industrial gases.
Negative
  • None.

WOKING, UK / ACCESSWIRE / April 26, 2024 / Linde (NASDAQ:LIN) announced today it has increased the capacity of its production facility in Mims, Florida, in response to growing demand for industrial gases in the region.

Linde has expanded production capacity at Mims by 50%, following a similar project in 2020 that doubled output. Linde's latest investment will help meet demand for oxygen, nitrogen and argon from customers across the healthcare, manufacturing, food processing and water treatment sectors in Florida. The additional capacity will also supply Linde's aerospace customers, including a major space launch company, as previously announced.

In addition to expanding capacity, the Mims facility joined Florida Power & Light's SolarTogether® program in 2023, reducing the facility's Scope 2 greenhouse gas emissions by 15%.

"We have continued to invest in our regional network density as demand for industrial gases has increased, driven in part by the burgeoning space launch sector and supported by a strong regional economy," said Todd Lawson, Vice President East Region, Linde. "Linde has an excellent track record of safely and reliably supplying its customers. We are also proud to be able to produce industrial gases with a lower carbon intensity and contribute to our absolute GHG reduction goal."

About Linde

Linde is a leading global industrial gases and engineering company with 2023 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 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



View the original press release on accesswire.com

FAQ

What did Linde announce regarding its production facility in Mims, Florida?

Linde announced an increase in production capacity at its Mims facility in Florida by 50%.

Which sectors will benefit from the expanded capacity at Linde's Mims facility?

The healthcare, manufacturing, food processing, water treatment, and aerospace sectors will benefit from the increased capacity.

How much did the greenhouse gas emissions reduce at the Mims facility?

The greenhouse gas emissions at the Mims facility reduced by 15% through participation in the SolarTogether® program.

What is Linde's goal in expanding production capacity at the Mims facility?

Linde aims to meet the growing market demand for industrial gases and enhance sustainability by increasing production capacity.

Linde plc Ordinary Share

NASDAQ:LIN

LIN Rankings

LIN Latest News

LIN Stock Data

206.64B
479.89M
0.2%
88.71%
1.31%
Specialty Chemicals
Basic Materials
Link
United States of America
WOKING SURREY

About LIN

Linde plc is a global multinational chemical company founded in Germany and, since 2018, domiciled in Ireland and headquartered in the United Kingdom. Linde is the worlds largest industrial gas company by market share and revenue.