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LINDE PLC (NYSE:LIN) EQS-News: Linde to Supply Green Hydrogen to Evonik in Singapore

Transparency directive : regulatory news

20/04/2023 12:00

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: juan.pelaez@linde.co
Media Relations
Anna Davies
Phone: +44 1483 244705
Email: anna.davies@linde.com
 

 



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.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Linde plc
Forge, 43 Church Street West
GU21 6HT Woking, Surrey
United Kingdom
Phone: +1-203-837-2210
E-mail: Investor_Relations@Linde.com
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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