About the Company
Linde is a reputed name in the chemical industry and is acknowledged as the global leader when it comes to producing and distributing industrial gasses. This company was founded in 2017, and its headquarter is stationed at Guildford in the United Kingdom. Linde was formed due to the merger of Praxair that was established as Linde Air, and Linde AG. This company has around 58000 employees and operates in more than 100 countries across the Americas, Europe, Africa, Asia, and the South Pacific.
Linde comprises three distinct segments, namely, engineering, gases, and others. The others segment constitutes the operation of Gist’s logistics. It serves numerous end-markets that include chemicals and refining, healthcare, food and beverage, manufacturing, electronics and primary metals. This company’s products range comprises hydrogen, carbon dioxide, nitrogen, acetylene, noble gases, nitrogen, speciality gases, argon, shielding glasses, carbon monoxide, etc. Notably, Linde’s products are manufactured in its air separation plant.
The industrial gases produced by this company have found wide applications like producing oxygen for hospitals, speciality gasses of high purity for manufacturing electronics, hydrogen for clean fuel, etc. Also, Linde is acknowledged for providing effective gas processing solutions related to customer expansions, emission reductions, and efficiency improvement.
This company has a dual listing, and its shares are traded on the Frankfurt Stock Exchange and New York Stock Exchange under the ticker symbol LIN. Linde has made several successful acquisitions. It acquired the AGA AB in 2000, the BOC Group in 2006, and the Lincare in 2012. However, the most recent ones include its acquisition of 10% stake in the company Hydrospider in 2018. Also, it invested around £28 million in a British manufacturing company named ITM Power.
This company has made it to Forbes Global 2000 and the Fortune Global 500 list and holds 178th and 444th position. It secured the 25th rank on the list of 100 Best Corporate Citizens 2020 and received a Silver Class distinction in S&P Global and RobecoSAM’s The Sustainability Yearbook 2020. Additionally, it also became a member of Dow Jones Sustainability Indices in 2020.;