Welcome to our dedicated page for Linde Plc news (Ticker: LIN), a resource for investors and traders seeking the latest updates and insights on Linde Plc stock.
Linde plc (Nasdaq: LIN) is a global industrial gases and engineering company whose activities generate frequent, detailed news for investors and industry followers. Company communications describe Linde as a leading player in industrial gases and gas processing solutions, serving end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, and metals and mining.
News about LIN commonly includes quarterly earnings releases that summarize sales, operating profit, earnings per share, cash flow and segment performance across the Americas, Asia Pacific and EMEA gas businesses, as well as Linde Engineering. These releases often discuss pricing, volumes, end‑market trends and the status of long‑term sale‑of‑gas project backlogs, along with capital expenditures to support growth and maintenance.
Investors can also expect regular announcements of dividend declarations, outlining per‑share amounts and key dates, as well as updates on capital allocation, such as share repurchases. Governance and leadership developments are reported through both press releases and Form 8‑K filings, covering board appointments, executive role changes and succession plans.
Beyond financial and governance topics, Linde’s news flow highlights its role in the energy transition and foundational industries. Examples include contracts and projects related to clean hydrogen, carbon capture systems, low‑carbon ammonia facilities, and support for the space economy through the supply of liquid oxygen, nitrogen and argon for rocket launches and spacecraft manufacturing. The company also appears in partner announcements, such as long‑term helium storage arrangements at specialized underground storage caverns.
This news page aggregates such updates so readers tracking LIN stock can follow earnings, dividends, financing actions, leadership changes and project‑related developments in one place.
Linde has been included in the FTSE4Good Index for the sixth consecutive year, recognized for its strong sustainability practices. This index, managed by FTSE Russell, evaluates over 7,200 companies against stringent environmental, social, and governance (ESG) criteria aligned with the UN Sustainable Development Goals. Linde's commitment to sustainability is highlighted by its initiatives to enhance customer environmental performance and internal ESG efforts. In 2020, Linde reported sales of $27 billion, serving various sectors including healthcare and manufacturing.
Linde (NYSE: LIN) announced plans to expand its air separation plant in Mims, Florida, increasing production capacity by nearly 50% to meet growing demand for industrial gases across various sectors like aerospace and healthcare. This expansion, expected to be completed in 2023, follows a previous project that doubled capacity in 2020. The company aims to enhance supply for contracts related to space launch propellant and other industries, highlighting its commitment to safe and reliable service.
Linde has entered a long-term agreement with a major semiconductor manufacturer to supply industrial gases for a new $600 million manufacturing facility in Phoenix, Arizona. Linde will construct and operate on-site plants to deliver ultra-high-purity nitrogen, oxygen, and argon, tailored to the semiconductor industry’s stringent requirements. The initial phase of operations is scheduled to commence in the second half of 2022. This partnership is expected to significantly bolster the manufacturing capacity of the customer in the U.S., aligning with Linde’s mission to enhance productivity across various sectors.
Linde (NYSE: LIN) has released its 2020 Sustainable Development Report, which outlines its commitment to environmental, social, and governance (ESG) principles. The report reveals a 16% reduction in greenhouse gas emissions intensity since 2018, with a goal of 35% reduction by 2028. Linde also highlights its community engagement, with over 300 projects aiding education and health during the pandemic. The report emphasizes the company's core values and its ongoing efforts towards sustainability and productivity.
Linde (NYSE: LIN) has secured a long-term agreement with Infineon Technologies for on-site production and storage of high-purity green hydrogen at Infineon's Villach site in Austria. This initiative will mark the first use of green hydrogen in Infineon's semiconductor manufacturing process, aiming to reduce greenhouse gas emissions.
The project includes a two-megawatt electrolyzer plant and a compact air separation unit, expected to commence operations in 2022. Linde, a leader in clean hydrogen solutions, continues its commitment to sustainable manufacturing in the industrial gases sector.
Linde plc (LIN) reported second-quarter 2021 results with significant growth. Sales reached $7.6 billion, a 19% increase year-over-year. Operating profit was $1.1 billion, with adjusted operating profit at $1.8 billion, up 39%. The operating margin expanded by 350 basis points to 24.2%. Earnings per share (EPS) rose 84% to $1.60, while adjusted EPS was $2.70, up 42%. The full-year adjusted EPS guidance was raised to $10.10 - $10.30, indicating a strong outlook for growth.
Linde has inaugurated its new on-site facility in Qinzhou, China, supplying oxygen and industrial gases to Shanghai Huayi's chemical complex. The facility includes three air separation units with a capacity of 7,500 tons of oxygen and 5,000 tons of nitrogen per day. This $200 million investment enhances efficiency and reduces energy consumption and carbon emissions. Will Li, Linde's Head of Greater China, emphasizes the milestone in their partnership with Shanghai Huayi, anticipating further collaboration in expanding their network in China.
Linde plc (NYSE:LIN) has announced a quarterly dividend of $1.06 per share, payable on September 17, 2021 to shareholders of record on September 3, 2021. The company reported 2020 sales of $27 billion (€24 billion), emphasizing its commitment to enhancing productivity and sustainability across various industries. Linde’s industrial gases support critical sectors, including healthcare and manufacturing, aiming to improve customer efficiency and reduce emissions.
Linde has inaugurated its fifth liquid hydrogen plant in La Porte, Texas, enhancing its hydrogen supply network across the U.S., which includes facilities in California, Alabama, Indiana, and New York.
The plant will produce over 30 tons per day of high-purity liquid hydrogen, sourced from Linde's extensive Gulf Coast pipeline, ensuring reliable supply. This expansion aims to improve efficiency and meet the rising demand for hydrogen across various sectors, including mobility, aerospace, and energy.
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