Welcome to our dedicated page for Linde news (Ticker: LIN), a resource for investors and traders seeking the latest updates and insights on Linde stock.
Linde plc reports operating and capital-allocation news for a global industrial gases and engineering business. Updates center on quarterly results, underlying sales, operating profit, adjusted earnings, operating cash flow, project start-ups, productivity actions, dividends and stock repurchases.
The company serves chemicals and energy, food and beverage, electronics, healthcare, manufacturing, metals and mining markets. Linde news also covers applications for medical oxygen, ultra-high-purity and specialty gases for semiconductors, clean hydrogen, carbon capture, space launch technologies and gas processing solutions, along with compliance and governance recognition.
Linde has announced the production of green hydrogen at its Ontario, California plant, enhancing support for hydrogen mobility customers. The upgraded facility will supply green hydrogen compliant with California Air Resources Board standards, capable of fueling up to 1,600 vehicles daily and reducing CO2 emissions by 50,000 MT per year. With over 50 years experience in hydrogen production in southern California, Linde aims to lead the transition to clean hydrogen by expanding its capabilities.
Linde (NYSE:LIN) has secured a long-term agreement with Samsung Electronics to supply ultra-high purity industrial gases for its semiconductor facilities in Pyeongtaek, South Korea. This agreement strengthens Linde's role as a primary supplier, enhancing its partnership with Samsung, which spans over 42 years. The new facility will utilize advanced technologies to bolster chip design and production, catering to the growing semiconductor demand globally. Once operational, the Pyeongtaek site will represent Linde's largest supply location for an electronics client.
Linde plc (NYSE:LIN) has appointed Sanjiv Lamba as its new Chief Operating Officer, effective January 1, 2021. Lamba, who has been with Linde for 31 years in various roles including EVP APAC, will oversee multiple regional segments including the Americas, APAC, and EMEA, as well as Linde Engineering and Lincare. CEO Steve Angel expressed confidence in Lamba's ability to leverage digital initiatives and drive growth in healthcare, electronics, and clean energy.
Linde plc (NYSE: LIN) has declared a quarterly dividend of $0.963 per share, payable on December 17, 2020, to shareholders of record on December 3, 2020. In 2019, Linde achieved sales of $28 billion (€25 billion), demonstrating its position as a leading global industrial gases and engineering firm. The company focuses on delivering high-quality solutions across various end markets, including healthcare and clean energy, while also emphasizing sustainability in its operations.
Linde (NYSE:LIN) will release its third quarter 2020 financial results on November 5, 2020, at 06:00 EST/12:00 CET. Following this, a conference call will be held at 10:00 EST/16:00 CET, accessible to the public in listen-only mode. The earnings release and related materials will be available on the same day. Linde is a leading global industrial gases company with 2019 sales of $28 billion, serving various sectors including healthcare, chemicals, and manufacturing, highlighting its commitment to productivity and sustainability.
Linde has released its 2019 Sustainable Development Report, highlighting its commitment to sustainability and core values including safety, inclusion, and accountability. The report outlines Linde's goals under the new SD 2028 Targets, which aim to provide value to stakeholders over the next decade. With 2019 sales of $28 billion, Linde serves multiple sectors such as healthcare, manufacturing, and electronics, focusing on delivering innovative gas processing solutions to enhance operational efficiency and reduce emissions.
Linde recently released its 2019 Sustainable Development Report, showcasing its commitment to sustainability and core values including safety, inclusion, and community. The report introduces the 10-year Sustainable Development and Climate Change Targets (SD 2028 Targets), aimed at delivering value to stakeholders. In 2019, Linde generated sales of $28 billion. The company serves diverse markets such as chemicals, healthcare, and manufacturing, providing essential industrial gases and gas processing solutions.