20.04.2023 Linde plc  IE000S9YS762

EQS-News: Linde to Supply Green Hydrogen to Evonik in Singapore


 

EQS-News: Linde plc / Key word(s): Miscellaneous
Linde to Supply Green Hydrogen to Evonik in Singapore

20.04.2023 / 12:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Linde to Supply Green Hydrogen to Evonik in Singapore

Woking, UK, April 20, 2023 – Linde (NYSE: LIN) announced today that it has signed a long-term agreement to supply green hydrogen to Evonik, a leading specialty chemicals company.

Linde will build, own and operate a nine-megawatt alkaline electrolyzer plant on Jurong Island, Singapore. The plant will produce green hydrogen, which Evonik will use to manufacture methionine, an essential component in animal feed. The new supply agreement supports the planned expansion of Evonik’s existing facility and will help Evonik limit its greenhouse gas emissions in Singapore.

In addition to supplying Evonik, Linde will use the Jurong Island electrolyzer plant to supply the local merchant market with green hydrogen in response to growing demand. The new plant is expected to come on stream in 2024 and will be the largest electrolyzer ever installed in Singapore.

“We welcome the opportunity to help Evonik sustainably grow its operations on Jurong Island through the safe and reliable supply of green hydrogen,” said Moloy Banerjee, President ASEAN & South Asia, Linde. “This project is an example of Linde’s alignment with Singapore’s National Hydrogen Strategy and our support of the country’s goal to achieve net zero emissions by 2050.”

“Increasing our methionine production capacity in Singapore is an important step for Evonik," said Dr. Jan-Olaf Barth, Head of Evonik's Essential Nutrition Product Line. "In addition to increasing our production capacity, we will implement innovative new processes in close cooperation with Linde to improve process efficiency and reduce our carbon footprint.”

 

About Linde

Linde is a leading global industrial gases and engineering company with 2022 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: [email protected]
Media Relations
Anna Davies
Phone: +44 1483 244705
Email: [email protected]
 

 



20.04.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Linde plc
Forge, 43 Church Street West
GU21 6HT Woking, Surrey
United Kingdom
Phone: +1-203-837-2210
E-mail: [email protected]
Internet: www.linde.com
ISIN: IE000S9YS762
Listed: NYSE
EQS News ID: 1611943

 
End of News EQS News Service

1611943  20.04.2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 17.113,00 24.590,00 25.203,60 22.524,50 27.600,10 31.247,90 30.608,44
EBITDA1,2 3.840,00 5.818,80 6.792,86 6.901,68 8.984,90 9.126,91 11.186,30
EBITDA-Marge3 22,44 23,66 26,95 30,64 32,55 29,21
EBIT1,4 1.944,00 4.190,49 2.618,75 2.770,28 4.506,58 5.028,47 7.475,50
EBIT-Marge5 11,36 17,04 10,39 12,30 16,33 16,09 24,42
Jahresüberschuss1 1.566,00 3.000,69 2.125,89 1.665,59 3.518,56 3.883,97 5.907,60
Netto-Marge6 9,15 12,20 8,43 7,39 12,75 12,43 19,30
Cashflow1,7 3.478,00 3.217,00 5.463,40 6.378,23 8.971,65 8.301,79 8.669,00
Ergebnis je Aktie8 7,56 5,44 3,74 2,90 7,16 7,71 11,73
Dividende8 7,00 2,88 3,69 3,52 4,13 4,78 3,70
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1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
Linde plc
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A3D7VW 396,400 Halten 192.210,59
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
25,33 29,76 0,85 54,07
KBV KCV KUV EV/EBITDA
5,54 22,17 6,28 18,02
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
4,78 5,13 1,29 24.07.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
27.04.2023 27.07.2023 26.10.2023 29.04.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-4,85% 4,49% 7,64% 19,11%
    
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