===
EQS-News: Linde plc / Key word(s): Miscellaneous
Linde De-captivates Air Separation Unit and Extends Agreement with China South Steel, Member of China Baowu Steel Group
2024-04-23 / 11:59 CET/CEST
The issuer is solely responsible for the content of this announcement.
Linde De-captivates Air Separation Unit and Extends Agreement with China South Steel, Member of China Baowu Steel Group
Woking, UK, April 23, 2024 - Linde (Nasdaq: LIN) announced today it has signed two agreements with China South Steel, a
member of the China Baowu Steel Group Corporation, one of the world's largest steel enterprises.
Linde has signed an agreement to de-captivate an air separation unit (ASU) at China South Steel's plant in Shaoguan,
Guangdong Province. Linde already owns and operates five on-site ASUs to supply industrial gases to China South Steel
in Shaoguan and will now de-captivate and upgrade a sixth. The agreement brings Linde's total on-site production
capacity in Shaoguan to approximately 130,000 cubic meters per hour.
In addition to the de-captivation, Linde has extended its long-term agreement with China South Steel for the supply of
industrial gases at Shaoguan. Linde's industrial gases complex also meets demand from Linde's local merchant customers.
"Linde's track record of operational excellence over the past 25 years makes it an ideal partner for the safe,
efficient and reliable supply of essential industrial gases to our steel production site," said Mr. Lai Xiaomin, Member
of the Party Standing Committee of Baowu Group Zhongnan Iron & Steel Co., Ltd, and President of Guangdong Zhongnan Iron
& Steel Co., Ltd. "These agreements support our transformation program by securing supply while optimizing our
structure."
"Linde's gases play an important role in steel manufacturing, helping to make our customers more efficient and
productive. We are proud to deepen our existing long-standing relationship between Linde and China South Steel," said
Will Li, President Greater China, Linde. "This high-quality investment meets our strict investment criteria, secures
future growth and enhances Linde's network density in one of China's largest regional economies."

About Linde
Linde is a leading global industrial gases and engineering company with 2023 sales of USD33 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           Media Relations 
Juan Pelaez                  Anna Davies 
Phone: +1 203 837 2213       Phone: +44 1483 244705 

Email: juan.pelaez@linde.com Email: anna.davies@linde.com

===
-----------------------------------------------------------------------------------------------------------------------

2024-04-23 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:       Nasdaq 
EQS News ID:  1885999 

End of News EQS News Service
===
1885999 2024-04-23 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1885999&application_name=news

END) Dow Jones Newswires

April 23, 2024 06:00 ET (10:00 GMT)