Linde has announced that, for the fifth successive year, it has secured a record number of new small on-site projects for the supply of nitrogen and oxygen. In 2024, the company signed 59 new long-term agreements, under which it will build, own, and operate 64 plants at customer sites.
These agreements span a diverse range of end markets, with demand primarily driven by growth in the electronics sector, including battery production for electric vehicles. Additionally, glass and metal manufacturers are increasingly seeking solutions to reduce emissions and improve efficiency, further contributing to the demand for Linde’s on-site supply solutions.
The projects will utilise Linde’s proprietary ECOVAR® technology, designed to deliver high levels of efficiency, adaptability, and reliability. Meeting the company’s stringent investment criteria, these plants feature short execution timelines, allowing them to quickly contribute to Linde’s growth while also strengthening its network density.
“Linde’s unwavering commitment to innovation is reflected in our leading-edge technology portfolio, which is best positioned to meet the evolving needs of our customers,” said Sanjiv Lamba, chief executive officer, Linde. “Our small on-site plants fully leverage this and provide cost-effective solutions that help our customers enhance efficiency while reducing emissions.”
For more information visit www.linde-engineering.com
