Linde Signs Record Number of Small On-Site Contracts in 2020

Linde (NYSE: LIN; FWB: LIN) today announced it has signed a record 36 new small on-site contracts during 2020, a 20% increase compared with the prior year despite a more challenging economic environment.

Linde has signed new agreements with customers across multiple end-markets, including pharmaceuticals, electronics, mining, solar panels and aerospace. In addition to meeting Linde’s investment criteria, these long-term agreements offer a steady revenue stream that will contribute directly to Linde’s underlying growth. The majority of the new contracts are separate from the company’s reported project backlog.

In addition to signing a record number of new contracts, Linde started up 27 small on-site plants during 2020.

Linde is a leading global industrial gases and engineering company with 2020 sales of $27 billion (€24 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 and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing and primary metals. Linde’s industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels and much more. 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