Chemicals

Linde plc: Linde Declares Dividend in Third Quarter 2020

July 27, 2020 3:30 PM

GUILDFORD, UK / ACCESSWIRE / July 27, 2020 / Linde plc (NYSE:LIN)(FWB:LIN) announced its Board of Directors has declared a quarterly dividend of $0.963 per share. The dividend is payable on September 18, 2020 to shareholders of record on September 3, 2020. About Linde Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion). We live our mission of making our world more productive...

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Linde Signs MoU with CNOOC to Jointly Develop China's Hydrogen Energy Industry

July 23, 2020 6:10 AM

Linde Signs MoU with CNOOC to Jointly Develop China's Hydrogen Energy Industry GUILDFORD, UK / ACCESSWIRE / July 23, 2020 / Linde (NYSE:LIN)(FWB:LIN) announced today that it has signed a memorandum of understanding (MoU) with China National Offshore Oil Corporation's (CNOOC) subsidiary, CNOOC Energy Technology & Services, to jointly develop the hydrogen energy industry in China. Together, both companies will explore the option to invest in...

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Linde Signs MoU with China Power to Develop Green Hydrogen Energy in China

July 16, 2020 6:15 AM

GUILDFORD, UK / ACCESSWIRE / July 16, 2020 / Linde (NYSE:LIN; FWB:LIN) announced today that it has signed a Memorandum of Understanding (MoU) with Beijing Green Hydrogen Technology Development Co., Ltd., a subsidiary of China Power International Development Ltd., to jointly promote the application and development of green hydrogen in China. Under the terms of the MoU both companies will collaborate on a variety of green hydrogen initiatives,...

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Linde Starts Up Plants to Supply Celanese and Other Customers in the U.S. Gulf Coast

July 7, 2020 6:10 AM

GUILDFORD, UK / ACCESSWIRE / July 7, 2020 / Linde (NYSE:LIN)(FWB:LIN) today announced it has started up a state-of-the-art hydrogen and carbon monoxide facility in Clear Lake, Texas (TX), as well as a new air separation unit in LaPorte, TX. The plants will supply oxygen, nitrogen and carbon monoxide to Celanese, under a previously announced long-term agreement, and hydrogen to other customers via Linde's U.S. Gulf Coast pipeline system. The...

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Linde Announces Changes to Annual General Meeting of Shareholders

July 6, 2020 1:00 PM

GUILDFORD, UK / ACCESSWIRE / July 6, 2020 / Linde plc (NYSE:LIN)(FWB:LIN) today announced it has changed the location and time of its Annual General Meeting of Shareholders due to the ongoing coronavirus (COVID-19) pandemic, related governmental actions and the importance of safeguarding the health of all Linde plc stakeholders. The company has also added a virtual meeting format. Linde plc will hold its Annual General Meeting of Shareholders...

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FTSE4Good Index Includes Linde for Fifth Consecutive Year

July 2, 2020 6:30 AM

GUILDFORD, UK / ACCESSWIRE / July 2, 2020 / Linde (NYSE:LIN)(FWB:LIN) has been included in the FTSE4Good Index Series for the fifth consecutive year, recognizing the company's leadership in environmental, social and governance (ESG) practices. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is a tool for investors seeking to invest in companies that demonstrate strong sustainability practices. FTSE4Good indexes...

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Linde Announces Second Quarter 2020 Earnings and Conference Call Schedule

July 1, 2020 6:20 AM

GUILDFORD, UK / ACCESSWIRE / July 1, 2020 / Linde (NYSE:LIN)(FWB:LIN) will release its second quarter 2020 financial results on Thursday, July 30, 2020, at 06:00 EDT/midday CEST. The company will host and webcast its conference call at 10:00 EDT/16:00 CEST, which will be available to the public and the media in listen-only mode. Live conference call US Toll-Free Dial-In Number: 1 855 758 5442 Germany Toll-Free Dial-In...

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MSCI Upgrades Linde's ESG Rating to A

June 29, 2020 7:00 AM

GUILDFORD, UK / ACCESSWIRE / June 29, 2020 / Linde (NYSE:LIN)(FWB:LIN) has been upgraded to A in MSCI's ESG Ratings assessment, on a scale of CCC to AAA. The improvement from BBB was mainly attributed to the company's comprehensive decarbonization strategy, including its initiatives to reduce its greenhouse gas emissions intensity by 35% and double the annual purchase of renewable power by 2028. MSCI ESG Ratings measure companies according to...

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Linde Named Top 25 in 100 Best Corporate Citizens of 2020

June 17, 2020 6:40 AM

Linde Named Top 25 in 100 Best Corporate CitizensTM of 2020 Guildford, UK / ACCESSWIRE / June 17, 2020 / Linde (NYSE:LIN)(FWB:LIN) today announced it has been named a top 25 company on the 100 Best Corporate Citizens 2020 list, recognizing outstanding environmental, social and governance (ESG) transparency and performance amongst the 1,000 largest U.S. public companies. The 100 Best Corporate Citizens ranking is based on 141 transparency...

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Linde Recognized as a Leader in Diversity and Inclusion by DiversityInc

May 22, 2020 6:20 AM

GUILDFORD, UK / ACCESSWIRE / May 22, 2020 / Linde (NYSE:LIN)(FWB:LIN) today announced it has been recognized as a Top Noteworthy Company by DiversityInc, an organization that measures the top global companies for workplace diversity and a culture of inclusion. This is the second consecutive year that Linde plc has been commended by DiversityInc. The DiversityInc annual survey benchmarks employers' diversity and inclusion programs, practices,...

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Flame Seal Products, Inc. Releases March 31, 2020 First Quarter Results and Corporate Update

May 15, 2020 3:40 PM

HOUSTON, TX / ACCESSWIRE / May 15, 2020 / FLAME SEAL PRODUCTS, INC. (OTC PINK:FLMP), a leading provider of Specialty Chemicals for the Passive Fire Protection Market, today issues the following update to its Stockholders. From: Craig Keyser, CEO Subject: March 31, 2020 First Quarter Results and Corporate Update First Quarter Results for 2020 Flame Seal (FSP) revenues for the first quarter of 2020 were $700,052, an increase of $60,654...

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Linde plc: Linde Reports First-Quarter 2020 Results (Earnings Release Tables Attached)

May 7, 2020 6:20 AM

Financial Highlights Strong operating cash flow of $1.3 billion, up 26% versus prior year Robust balance sheet with ample liquidity for growth opportunities Operating profit of $0.7 billion, up 20% versus prior year; adjusted operating profit of $1.4 billion up 11% Operating profit margin up 210 bps, adjusted operating profit margin up 240 bps versus prior year EPS of $1.07 up 35% versus prior year, adjusted EPS of $1.89 up...

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Linde Starts Up New Plant in China to Supply GTA Semiconductor

May 6, 2020 6:20 AM

GUILDFORD, UK / ACCESSWIRE / May 6, 2020 / Linde (NYSE:LIN)(FWB:LIN) announced today it has started up the first of two new high-purity nitrogen generators in Shanghai, China, as part of a 20-year contract to supply ultra-high purity industrial gases to GTA Semiconductor. The second generator is expected to come on stream by 2022. Installed and operated by Linde's joint venture Linde LienHwa (LLH), the new plant is located in the Shanghai...

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Linde Starts Up New Syngas Processing Plant in the U.S. Gulf Coast

May 5, 2020 6:30 AM

GUILDFORD, UK / ACCESSWIRE / May 5, 2020 / Linde (NYSE:LIN)(FWB:LIN) announced today it has started up a state-of-the-art syngas processing plant in Geismar, Louisiana. The new plant will supply carbon monoxide and hydrogen to a top global chemical company as well as other refining and chemical customers along Linde's hydrogen pipeline network in Southern Louisiana, all under long-term supply agreements. Carbon monoxide is a raw material used...

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Linde Completes Divestment of Selected Businesses in Northern Europe

April 30, 2020 8:00 AM

GUILDFORD, UK / ACCESSWIRE / April 30, 2020 / Linde (NYSE:LIN) (FWB:LIN) today announced it has completed the divestment of selected non-core assets in Northern Europe to Gasum, a Nordic gas sector and energy market expert. The divestment includes Linde's Liquefied Natural Gas (LNG) and biogas business in Scandinavia, plus its marine bunkering business in Germany. The businesses generate annual revenues of approximately EUR 100m and employ 35...

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Linde Declares Dividend in Second Quarter 2020

April 27, 2020 11:30 AM

GUILDFORD, UK / ACCESSWIRE / April 27, 2020 / Linde plc (NYSE:LIN)(FWB:LIN) announced its Board of Directors has declared a quarterly dividend of $0.963 per share. The dividend is payable on June 17, 2020 to shareholders of record on June 3, 2020. About Linde Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion). We live our mission of making our world more productive every day...

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Linde Leverages Technology to Sign Long-Term Agreement with Largest Refiner in India

April 23, 2020 6:20 AM

GUILDFORD, UK / ACCESSWIRE / April 23, 2020 / Linde (NYSE: LIN; FWB: LIN) today announced that it has leveraged its extensive technology portfolio to sign a new contract with Indian Oil Corporation Limited (IOCL), the largest refiner in India. Praxair India Private Limited, a wholly owned subsidiary of Linde, will build, own and operate an air separation unit (ASU) to supply oxygen and nitrogen to its incumbent customer, IOCL, for its...

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Linde Starts Up First Phase of Pyeongtaek Project to Supply Samsung in South Korea

April 21, 2020 6:20 AM

Linde Starts Up First Phase of Pyeongtaek Project to Supply Samsung in South Korea GUILDFORD, UK / ACCESSWIRE / April 21, 2020 / Linde (NYSE:LIN)(FWB:LIN) announced today that it has started up a new air separation plant to supply industrial gases to Samsung Electronics' world-class semiconductor facilities in Pyeongtaek, South Korea. The start-up completes the first phase of Linde's largest single electronics investment to build, own and...

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Linde Awarded Silver Class Distinction in The Sustainability Yearbook 2020

April 16, 2020 6:15 AM

Linde Awarded Silver Class Distinction in The Sustainability Yearbook 2020 GUILDFORD, UK / ACCESSWIRE / April 16, 2020 / Linde (NYSE:LIN)(FWB:LIN) has been awarded a Silver Class distinction in The Sustainability Yearbook 2020, published by S&P Global in collaboration with RobecoSAM. Linde scored among the highest in the global chemicals sector. The Sustainability Yearbook is the world's most comprehensive publication on corporate...

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Forest2Market and Fisher Acquire Tecnon OrbiChem

April 15, 2020 7:00 AM

The combined company will provide data and analytics to global forestry and petrochemicals markets. LONDON, UK, CHARLOTTE, NC, BOSTON, MA / ACCESSWIRE / April 15, 2020 / Forest2Market and Fisher International, two firms offering data, analytics and business intelligence solutions to the forest products and pulp and paper industries, have acquired Tecnon OrbiChem, a UK firm offering data and analytics to the petrochemical industry and...

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