Linde AG is an international technology group which has engaged in each of its three business segments, Gas and Engineering, Material Handling and Refrigeration. Gas and Engineering Linde Gas is a supplier of industrial, medical and pharmaceutical gases, is focusing particularly on the expansion of healthcare and the environmentally friendly fuel hydrogen. Linde Engineering, which develops its own processes and technologies, is targeting growth markets in international plant construction, increasingly by applying its specialist competence to plants producing hydrogen, oxygen and olefins and natural gas treatment plants. Linde Gas: Linde Gas is the principal supplier of industrial and medical gases in Europe. The company's focus is on the on-site business, where it supplies industrial gases to large-scale consumers from plants located directly at the user's site, and healthcare, i.e. the medical and pharmaceutical gas business. Linde Engineering: By using the company’s own processes and having a clear technological focus on a few well-chosen growth-areas, such as hydrogen, oxygen and olefin plants and natural gas processing plants Linde Engineering is successful throughout the world. Material Handling With its three brands, Linde, STILL and OM Pimespo, as well as its strategic partner Komatsu, the Linde Group manufactures industrial trucks in the world. The company's range of products include engine-powered forklift trucks, electric trucks and warehouse trucks. The company's business success in this segment, which it is repeating in emerging markets such as Asia, is based on products at the cutting edge of technology and an extensive range of service options from financing to fleet management. Refrigeration The company supplies industrial refrigerated and freezer display cases, as well as refrigeration technology, for all areas of the retail food trade. The company sets the pace in terms of design, cost-effectiveness and environmental protection, working together with its customers to develop comprehensive tailor-made solutions based on its key account management. The company offers turnkey competence in the new growth markets of Eastern Europe, Asia and South America. Significant Events In December 2007, The Linde Group has set up a joint venture with Abu Dhabi National Oil Company, for the production and long-term supply of industrial gases to customers in Abu Dhabi. ADNOC Linde Industrial Gases Company Ltd. is established under the name 'Elixier' and will have ADNOC (51% of the shares) and Linde (49% of the shares) as shareholders. Flowserve Corp. has entered into a joint venture agreement with The Linde Group to commercialize and deploy iKompressor natural gas and biogas refueling systems. The company has entered into a 50:50 joint venture with a subsidiary of Sinopec Fujian Petrochemical Company Limited for the long-term supply of industrial gases to customers in China's southeast province of Fujian. On May 11, 2009, The Linde Group has signed a contract with China's Sinopec Sichuan Vinylon Works (SVW) to jointly build gas production facilities for the long-term supply of SVW's chemical complex in the Chongqing Chemical Industrial Park, western China. In November 2009, the company and the Algenol Biofuels LLC have agreed to collaborate in a joint development project to identify the optimum management of carbon dioxide (CO2) and oxygen (O2) for Algenol's algae and photobioreactor technology. History Linde AG was founded in 1879.
(LNAGF:OTC Markets Group Inc - Current Information)
Phone: 49 89 35757 01
Fax: 49 89 35757 1075www.linde.com
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