Trade News
Guildford, UK, 25 March 2019 – Linde plc (NYSE: LIN; FWB: LIN) announced today it has consolidated its hydrogen equipment operations under the subsidiary, Linde Hydrogen FuelTech GmbH, to leverage its extensive expertise in the field of hydrogen fueling technologies.
“We are combining technological innovation, sales, project execution and services for our hydrogen equipment under the umbrella of Linde Hydrogen FuelTech,” explained Dr Christian Bruch, Executive Vice President & CEO Linde Engineering. “This allows us to leverage our extensive experience in the development of hydrogen infrastructure even more effectively in the future. The new company will focus on today’s key growth hydrogen regions in Western Europe, North America, Korea and China."
Linde Hydrogen FuelTech, which began operations in early 2019, is based in Vienna where Linde first developed the IC 90 ionic compressor – an innovation that significantly improved the energy and cost efficiency of hydrogen fueling stations. The company has been manufacturing the IC 90 in small-series volumes in Vienna since 2014. Linde Hydrogen FuelTech will also continue to manufacture the cryogenic, high-pressure hydrogen pump – or cryopump – originally developed at Pullach. This directly compresses cryogenic liquid hydrogen stored at minus 253 degrees Celsius.
Linde is one of the earliest pioneers to partner with the automotive industry in the development of zero-emissions, hydrogen-based mobility solutions. Building on the innovative technologies it has developed in-house, the company is a market leader in the construction of hydrogen fueling stations. As part of a pilot project in the German state of Lower Saxony, Linde Hydrogen FuelTech is currently developing a hydrogen fueling station for the world’s first fuel-cell-powered passenger train.
About Linde plc
Linde plc is a leading industrial gases and engineering company with 2018 pro forma sales of USD 28 billion (EUR 24 billion). The company employs approximately 80,000 people globally and serves customers in more than 100 countries worldwide. Linde plc delivers innovative and sustainable solutions to its customers and creates long-term value for all stakeholders. The company is making our world more productive by providing products, technologies and services that help customers improve their economic and environmental performance in a connected world.
For more information about the company, please visit www.linde.com.