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14.05.2012
NOVI način hlađenja transportnih sustava kriogenim plinovima

Linde launches ground breaking cryogenic transportation system

Munich, 14 May 2012 – Linde Gases, a division of The Linde Group, today announced the launch of FROSTCRUISE®, a highly innovative in-transit refrigeration system which will provide a more environmentally friendly, efficient and reliable cryogenic alternative to diesel-powered mechanical refrigeration.

FROSTCRUISE® is a powerful cooling technology that indirectly uses the cryogenic effect of liquid nitrogen (LIN) at a temperature of -196°C to provide rapid and evenly distributed temperature pull-down. It also has the ability to maintain accurate product temperature throughout the truck compartment despite multiple delivery stops, reducing the risk of food spoilage and improving food safety.

Importantly, FROSTCRUISE® also provides significant environmental benefits including substantial noise reduction during deliveries and a much lower carbon footprint than traditional mechanical transportation systems. 

"FROSTCRUISE® represents a major development for the food distribution industry," said Mark Ewig, Global Strategic Marketing and Development Manager, Food and Beverage, Linde Gases Division. "Its ability to cope with the rigorous demands of maintaining consistently very cold temperatures, added to the significant environmental benefits, for what will be comparable costs of a standard mechanical refrigeration system, means FROSTCRUISE® is set to transform road transportation of chilled and frozen perishable items."

Existing diesel operated refrigeration systems often require drivers to either leave their vehicles running or mechanical refrigeration units in operation while dropping off goods, resulting in greater fuel consumption, noise and emissions in urban environments. In an attempt to improve air quality, cities are increasingly introducing low emission zones, with legislation restricting deliveries. Additionally, laws also limit noise pollution in urban areas to 60-65 decibels (dB) between the hours of 22.00 and 06.00, a level which most diesel-operated refrigeration systems struggle to achieve.

FROSTCRUISE® refrigeration technology mitigates the need for vehicle engines in order to perform the cooling process and so is substantially quieter than diesel systems which need to remain running in order to maintain a low compartment temperature. The lack of reliance on a vehicle engine also means that the refrigeration system can run independently in the event of a mechanical breakdown, protecting the compartment contents.

FROSTCRUISE® has already seen early success in the market. MacFood Services, a leading food processor and distributor to the quick service restaurant industry in Malaysia, has recently taken on a fleet of 14 FROSTCRUISE® enabled trucks to deliver their frozen products including burger patties, nuggets and French fries.

"MacFood has rigorous safety standards and FROSTCRUISE® has proven to meet our very demanding specifications on temperature," said Viktor Sim, Deputy Managing Director, MacFood. "It has also coped admirably with the demands of maintaining those very cold temperatures despite multiple delivery stops required on an average day in extremely hot and humid climate conditions."

 

About The Linde Group
The Linde Gases Division, part of The Linde Group, is a leader in the international industrial and healthcare gases markets, providing compressed, bulk, specialty and medical gases, as well as chemicals to virtually all fields of industry globally. The company adds value to its customers’ businesses through the provision of state-of-the-art application technology, process know-how, services and equipment.

The Linde Group is a world-leading gases and engineering company with around 50,500 employees in more than 100 countries worldwide. In the 2011 financial year, it achieved sales of EUR 13.787 bn. The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. The Group is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, see The Linde Group online at http://www.linde.com

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04.05.2012
Prvo tromjesečje 2012; Linde nastavlja povećavati dobit

January to March 2012: Linde continues to achieve profitable growth

  • Group revenue up 5.4 percent to EUR 3.505 bn

  • Group operating profit increases by 6.2 percent to EUR 808 m

  • Group operating margin rises to 23.1 percent (2011: 22.9 percent)

  • Short-term and medium-term Group outlook confirmed:

    • 2012: Increase in revenue and operating profit expected

    • 2014: Targets for operating profit1 of at least EUR 4 bn and ROCE2 of at least 14 percent

 

Munich, 4 May 2012 – The technology company The Linde Group continued to see profitable growth in the first quarter of 2012, with increases in Group revenue and Group operating profit. "We have made a good start to the new financial year and are confident of meeting our targets," said Professor Dr Wolfgang Reitzle, Chief Executive Officer of Linde AG. "Even if global economic trends are not as dynamic in 2012 as in 2011, we continue to assume that we will achieve increases in Group revenue and Group operating profit when compared with the prior year."

Linde believes that it is also on track for the coming years. "We stand for continuity and reliability and are pleased to confirm our medium-term targets," declared CEO Reitzle. "In the 2014 financial year, we will be aiming to generate Group operating profit of at least EUR 4 bn and ROCE (return on capital employed) of at least 14 percent."

In the first quarter of 2012, Group revenue rose by 5.4 percent to EUR 3.505 bn, compared with EUR 3.325 bn for the first three months of 2011. After adjusting for exchange rate effects, the increase in revenue was 3.1 percent. Linde increased Group operating profit by 6.2 percent to EUR 808 m (2011: EUR 761 m), partly as a result of the rigorous implementation of its HPO (High Performance Organisation) programme, a holistic concept for sustainable process optimisation and productivity gains. The Group operating margin rose by 20 basis points as a result, to 23.1 percent (2011: 22.9 percent).

Profit for the period increased slightly in the first quarter of 2012, by 1.7 percent to EUR 308 m (2011: EUR 303 m). It should be noted here that positive one-off items contributed to the high figure for the first quarter of 2011. Profit attributable to Linde AG shareholders was EUR 287 m (2011: EUR 284 m). This gives earnings per share of EUR 1.68 (2011: EUR 1.67). On an adjusted basis, i.e. after adjusting for the effects of the purchase price allocation from the BOC acquisition, earnings per share stood at EUR 1.89 (2011: EUR 1.88).

 

Gases Division

The slight increase in economic output in the first quarter of 2012 compared with the first quarter of 2011 also fuelled demand for gases worldwide. Linde was able to benefit from this positive trend in all product areas. The Group has a global footprint and a strong market position especially in the emerging economies.

Revenue in the Gases Division in the first three months of 2012 grew 7.3 percent to EUR 2.855 bn, compared with a figure of EUR 2.662 bn for the prior-year period. On a comparable basis, i.e. after adjusting for exchange rate effects and changes in the price of natural gas, the increase in revenue was 4.1 percent. Linde’s Gases Division achieved a 7.8 percent increase in operating profit to EUR 784 m (2011: EUR 727 m). One of the factors which had a positive impact on this upward trend was the continuing implementation of Linde’s HPO measures. The operating margin rose to 27.5 percent, exceeding the high figure achieved in the first three months of 2011 of 27.3 percent.

Business trends in the individual segments in the Gases Division make it clear that the pace of economic recovery still varies from region to region. In the first three months of 2012, the highest growth rates were once again to be seen in the emerging economies. Robust trends were also visible in North America, whereas the increase in demand in Western Europe was relatively modest.

In the EMEA segment (Europe, Middle East, Africa), Linde achieved revenue growth of 3.7 percent in the first quarter of 2012 to EUR 1.445 bn (2011: EUR 1.393 bn). On a comparable basis, the growth in revenue was 3.3 percent. Operating profit increased by 4.8 percent to EUR 414 m (2011: EUR 395 m). This resulted in an operating margin of 28.7 percent (2011: 28.4 percent). Here too, the continuous implementation of the various productivity improvement and process standardisation initiatives under the HPO programme contributed to the positive trend.

In Saudi Arabia, the Group entered into a major contract during the reporting period with Sadara Petrochemical Company (Sadara) for the supply of gases on site. Linde will invest USD 380 m to provide Sadara with long-term supplies of carbon monoxide, hydrogen and ammonia on the Jubail site, at one of the largest chemical complexes in the world (see also the information given about the Engineering Division below).

In the Asia/Pacific segment, Linde achieved revenue growth of 14.3 percent in the first three months of 2012 to EUR 808 m (2011: EUR 707 m). On a comparable basis, the increase in revenue was 4.8 percent. Growth in the first quarter was adversely impacted by stagnating demand in the market for electronic gases. Revenue trends during the reporting period were also affected by plant stoppages in South and East Asia.

Operating profit was up 11.2 percent to EUR 218 m (2011: EUR 196 m). This resulted in an operating margin of 27.0 percent (2011: 27.7 percent). When comparing the operating margin for the first three months of 2012 with that for the first three months of 2011, factors to be taken into account are the pass-through of increases in the price of natural gas and the up-front investment required to grow the business and employ new staff in the rapidly expanding Asian market, especially in China. To sustain high levels of profitability, Linde is also continuing with the rigorous implementation of its HPO concept in the Asia/Pacific segment.

In the Americas segment, Linde achieved revenue growth of 7.8 percent in the first three months of 2012 to EUR 625 m (2011: EUR 580 m). On a comparable basis, the increase in revenue was 5.9 percent. Linde was able to increase operating profit in this region at a faster rate than revenue, by 11.8 percent to EUR 152 m (2011: EUR 136 m). Factors contributing to the rise in earnings were higher capacity utilisation of plants and the progress made by Linde in the implementation of HPO. At 24.3 percent, the operating margin significantly exceeded the figure for the first three months of 2011 of 23.4 percent by 90 basis points.

All the product areas contributed to the positive trends overall in the Gases Division. Linde achieved its highest rate of growth in the liquefied gases business. Revenue in this product area rose on a comparable basis by 6.4 percent to EUR 811 m at 31 March 2012 (2011: EUR 762 m). The Group also achieved increases in revenue in its cylinder gas business and on-site business (where Linde supplies gases on site to major customers). In the cylinder gas product area, revenue rose to EUR 1.022 bn, 3.0 percent higher on a comparable basis than the figure for the first quarter of 2011 of EUR 992 m. The on-site business also achieved revenue growth of 3.0 percent on a comparable basis, with revenue rising to EUR 712 m (2011: EUR 691 m). The Healthcare product area, which supplies medical gases and provides related maintenance and advisory services, continued to give a robust performance, with revenue increasing by 4.0 percent on a comparable basis to EUR 310 m (2011: EUR 298 m).

 

Gases Division – Outlook

Linde remains committed to its original target for the gases business of growing at a faster pace than the market and continuing to increase productivity. In the on-site business, Linde has a healthy project pipeline, which will continue to make a substantial contribution to revenue and earnings trends for the rest of the 2012 financial year and especially in subsequent years. The Group expects its liquefied gases and cylinder gas business to perform in line with macroeconomic trends. In the Healthcare product area, Linde is anticipating continuing steady growth. Additional momentum will be generated here by the acquisition of Air Products’ Continental European homecare business.

Against this background, Linde continues to expect that revenue generated by the Gases Division in the 2012 financial year will exceed revenue generated in 2011 and that operating profit will improve.

 

Engineering Division

In the first quarter of 2012, the Engineering Division achieved a 1.7 percent increase in revenue to EUR 601 m (2011: EUR 591 m). The successful execution of a number of individual projects meant that Linde was able to increase operating profit at a faster rate than revenue, by 17.7 percent to EUR 73 m (2011: EUR 62 m). The operating margin rose to 12.1 percent (2011: 10.5 percent), again significantly exceeding the medium-term target of 8 percent.

Order intake was EUR 759 m in the quarter ended 31 March 2012, 70.9 percent above the figure for the first quarter of 2011 of EUR 444 m. The main reason for this increase was a major contract in Saudi Arabia acquired by Linde’s Engineering Division in the first quarter from the Group’s Gases Division. The USD 380 m order is for the turnkey construction of a HyCO plant plus an ammonia plant with a large storage tank. Linde will use the new plants to provide long-term supplies of industrial gases to Sadara Petrochemical Company (Sadara) in Jubail.

Order intake was characterised not only by this substantial project, but also, as in previous quarters, by a number of small and medium-sized new orders. Given the positive trend in orders, the order backlog in the Engineering Division grew in the course of the first quarter of 2012. At 31 March 2012, it had risen to EUR 3.695 bn (31 December 2011: EUR 3.600 bn).

 

Engineering Division – Outlook

The high order backlog creates a good basis for a solid business performance in the Engineering Division over the next two years. Linde expects to generate the same level of revenue in its plant construction business in the 2012 financial year as in 2011. Linde is still anticipating that it will achieve an operating margin in the current financial year 2012 of at least 10 percent. In the medium term, the target for the operating margin remains at 8 percent.

Linde is well-positioned in the international market for olefin plants, natural gas plants, air separation plants and hydrogen and synthesis gas plants, and will derive lasting benefit in particular from two structural growth areas: energy and the environment.


To coincide with the publication of the quarterly financial statements, a teleconference for analysts will take place today at 8am German time (due to the Annual General Meeting commencing at 10am) in English with Georg Denoke, CFO of Linde AG. Journalists will have the opportunity to listen to the conference live by dialling +49.69.589.99-0509 begin_of_the_skype_highlighting              +49.69.589.99-0509      end_of_the_skype_highlighting. Please tell the operator your name and the name of your company.

 

About The Linde Group

The Linde Group is a world-leading gases and engineering company with around 50,500 employees in more than 100 countries worldwide. In the 2011 financial year, it generated revenue of EUR 13.787 bn. The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. The Group is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, see The Linde Group online at http://www.linde.com.

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29.07.2011
Linde gradi dva nova postrojenja za separaciju zraka u Kini

Linde to build two large air separation plants in China

  • On-site contract concluded with polyurethane manufacturer Yantai Wanhua

  • Investment volume of around 130 million euro

  • Competitive position in China reinforced

Munich, 29 July 2011 – The technology company The Linde Group has been commissioned to build and operate two large air separation plants to supply gases on site to the Chinese company Yantai Wanhua in Shandong (East China). The contract for the project, which will involve investment of around EUR 130 m, was signed on 26 July 2011.

"We are very excited to be working with Wanhua in this project and further enhancing our strategic relationship with a company that is truly taking the lead in advancing the technological ladder in China and globally. This order is also a further confirmation of our successful expansion in a region of dynamic growth," said Sanjiv Lamba, the Linde AG Executive Board member responsible for the Asian business of the group. "This project will enable us to strengthen our position as the leading gases and engineering company in China."

The two plants, which are to be built by Linde’s Engineering Division, each have a capacity of 55,000 normal cubic metres of oxygen per hour. They are expected to come on stream between end 2013 and at the start of 2014, when they will supply oxygen and nitrogen to Yantai Wanhua’s production plants. In addition, Linde will produce liquefied products for the open market in the Shandong region. The project includes the construction of a 20-kilometre pipeline in the Yantai Economic and Technology Park.

Yantai Wanhua is the only Chinese company which has the technical know-how to produce MDI. MDI is an intermediate product in the manufacture of polyurethane, which is used in large quantities for example in the construction and automobile industries. China is in the process of becoming one of the principal markets for MDI. The Shandong province in the east of China is the third largest province in China in terms of gross domestic product.

The Linde Group is a world-leading gases and engineering company with around 49,100 employees working in more than 100 countries worldwide. In the 2010 financial year, it achieved sales of 12.868 billion euro. The strategy of The Linde Group is geared towards sustainable earnings-based growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. Linde is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, see The Linde Group online at http://www.linde.com

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29.07.2011
Prvih šest mjeseci 2011.godine: Linde ponovno postiže dvoznamenkasti rast prodaje i zarade

First six months of 2011: Linde again achieves double-digit growth in sales and earnings

  • Group sales grow 11.0 percent to EUR 6.774 bn

  • Group operating profit* up 11.7 percent to EUR 1.559 bn

  • Group operating margin rises to 23.0 percent (2010: 22.9 percent)

  • Increase in earnings per share from EUR 2.63 to EUR 3.32

  • Outlook for 2011 confirmed:

    • Group: growth in sales and earnings

    • Gases Division: sales growth and earnings increasing at a faster rate than sales

    • Engineering Division: sales constant, operating margin of at least 10 percent

 

Munich, 29 July 2011 – The technology company The Linde Group continued to achieve profitable growth in the first half of 2011. "We are well on our way," said Professor Dr Wolfgang Reitzle, Chief Executive Officer of Linde AG. "We've seen a strengthening of demand in both our gases business and our engineering business worldwide." Reitzle is also confident about the coming months: "We will continue to benefit from the growth areas energy and health and from consistently dynamic trends in the emerging economies, especially in Asia. We confirm our outlook and expect to achieve growth in Group sales and Group operating profit in the 2011 financial year compared with the prior year."

In the first half of 2011, Group sales rose by 11.0 percent to EUR 6.774 bn, compared with sales in the first half of 2010 of EUR 6.104 bn. After adjusting for exchange rate effects, the increase in sales was 10.3 percent. Linde is continuing the rigorous implementation of its HPO (High Performance Organisation) programme, a holistic concept for sustainable process optimisation and productivity gains, and increased Group operating profit* by 11.7 percent to EUR 1.559 bn (2010: EUR 1.396 bn). The Group operating margin rose to 23.0 percent (2010: 22.9 percent).

Earnings before taxes on income (EBT) climbed to EUR 792 m, exceeding the comparable prior-year figure of EUR 646 m by 22.6 percent. Earnings after tax rose 23.8 percent to EUR 598 m (2010: EUR 483 m). After adjusting for non-controlling interests, earnings attributable to Linde AG shareholders were EUR 566 m (2010: EUR 445 m). Earnings per share increased as a result by 26.2 percent to EUR 3.32 (2010: EUR 2.63). On an adjusted basis, i.e. after adjusting for the effects of the purchase price allocation from the BOC acquisition, earnings per share stood at EUR 3.79 (2010: EUR 3.15).

 

Gases Division

During the reporting period, the general economic recovery also fuelled demand for gases worldwide. Linde was able to benefit from this positive trend in all product areas, due to the Group's global footprint and its strong market position in the emerging economies.

Sales in the Gases Division in the first six months of 2011 grew 10.2 percent to EUR 5.436 bn, compared with sales in the first six months of 2010 of EUR 4.931 bn. On a comparable basis, i.e. after adjusting for exchange rate effects, changes in the price of natural gas and changes to Group structure, the increase in sales was 8.5 percent.

Operating profit in the Gases Division rose 10.9 percent to EUR 1.483 bn (2010: EUR 1.337 bn). One of the factors contributing to the increase was the strict implementation of Linde's HPO measures. The operating margin rose to 27.3 percent, exceeding the high figure achieved in the first six months of 2010 of 27.1 percent.

Business trends in the individual operating segments of the Gases Division make it clear that the pace of economic recovery still varies from region to region. In the first six months of 2011, the highest growth rates were once again to be seen in the emerging economies of Asia, especially China, and in South America. At the same time, the economic recovery continued in the more mature markets such as the US and Western Europe.

In the EMEA operating segment (Europe, Middle East and Africa), Linde achieved sales growth of 8.1 percent in the first half of 2011 to EUR 2.824 bn (2010: EUR 2.613 bn). On a comparable basis, the growth in sales was 5.9 percent. Operating profit again increased at a faster rate than sales, rising 9.5 percent to EUR 807 m (2010: EUR 737 m). This resulted in an operating margin of 28.6 percent (2010: 28.2 percent). Here too, the rigorous implementation of the various productivity improvement and process standardisation initiatives under the HPO programme made a positive contribution.

Linde achieved a double-digit growth rate in the Asia/Pacific operating segment due to continued economic dynamism in Asia and its leading position in those markets. In the first six months of 2011, sales in this region grew 17.5 percent to EUR 1.473 bn (2010: EUR 1.254 bn). On a comparable basis, the increase in sales was 11.2 percent. Operating profit rose by 15.3 percent to EUR 406 m (2010: EUR 352 m). The operating margin for the six months to 30 June 2011 was 27.6 percent (2010: 28.1 percent). When comparing the operating margin for the first half of 2011 with that for the first half of 2010, factors to be taken into account are the pass-through of increases in the price of natural gas and the preliminary investment required for infrastructure expansion and the employment of new staff in the dynamic Chinese market. To sustain steady profitability, Linde is continuing here too with the rigorous implementation of the HPO concept.

In the Americas operating segment, sales in the first half of 2011 grew 7.1 percent to EUR 1.173 bn (2010: EUR 1.095 bn). On a comparable basis, the increase in sales was higher, at 11.8 percent. Operating profit improved by 8.9 percent to EUR 270 m (2010: EUR 248 m). Factors contributing to this increase in earnings, apart from higher volumes, were the progress made by Linde in the implementation of HPO and positive one-off effects in the first quarter of 2011. The operating margin rose to 23.0 percent (2010: 22.6 percent).

The performance in the individual product areas reflects the overall positive trend in the Gases Division. The highest rate of growth was in the on-site business, where Linde supplies gases on site to major customers. Boosted by the continuous ramp-up of plants which came on stream in the third and fourth quarters of 2010 and by the start-up of new plants, sales in this product area rose on a comparable basis by 11.4 percent to EUR 1.331 bn (2010: EUR 1.195 bn). The upward trend in Linde’s liquefied gases and cylinder gas business continued to accelerate. Cylinder gas sales grew 8.0 percent to EUR 2.224 bn (2010: EUR 2.060 bn). Sales of liquefied gases in the first six months of 2011 increased by 7.8 percent to EUR 1.297 bn (2010: EUR 1.203 bn). The Healthcare product area (the medical gases business and related maintenance and advisory services) again saw steady growth, achieving sales of EUR 584 m, an increase of 5.4 percent over the figure for the first half of 2010 of EUR 554 m.

 

Gases Division – Outlook

Linde remains committed to its original target in the gases business of growing at a faster pace than the market and continuing to improve productivity. In the on-site business, Linde has a full project pipeline which will make a significant contribution to sales and earnings in the 2011 financial year. The liquefied gases and cylinder gas business is set to benefit from the ongoing economic recovery. Linde expects positive business trends in the Healthcare product area to continue, with a higher rate of sales growth than in 2010. Against this background, Linde anticipates that sales generated by the Gases Division in the 2011 financial year will exceed sales achieved in 2010 and that operating profit will grow at a faster pace than sales.

 

Engineering Division

The market environment in the international large-scale engineering business continued to stabilise in the course of the first half of 2011.

Sales in the Engineering Division in the first six months of 2011 increased by 12.0 percent to EUR 1.226 bn (2010: EUR 1.095 bn). The continuing successful execution of a number of individual projects meant that operating profit grew at a faster rate than sales, rising 14.6 percent to EUR 141 m (2010: EUR 123 m). The operating margin was 11.5 percent (2010: 11.2 percent).

Order intake in the first half of 2011 was EUR 1.149 bn, 19.4 percent above the figure for the first half of 2010 of EUR 962 m. In the second quarter of 2011, two major orders from China and Indonesia had a significant impact on order intake. The first of these orders, to supply a hydrogen and synthesis gas plant commissioned by Linde's Gases Division in the Chongqing Chemical Park, was worth around EUR 200 m. The second order, worth EUR 88 m, was for Linde to build an air separation plant to supply gases to the steel company PTKP in Indonesia.

In addition to these major orders, order intake was characterised by a number of small and medium-sized new orders, as in previous quarters. Linde's order backlog remains high. At 30 June 2011, it stood at EUR 3.763 bn (31 December 2010: EUR 3.965 bn).

Together with its project partner SBM Offshore (Netherlands), Linde's Engineering Division entered into a cooperation agreement during the reporting period with the Thai oil group PTT (Petroleum Authority of Thailand) to develop a floating natural gas liquefaction plant in the Timor Sea off the northern coast of Australia. The project will involve the conversion of natural gas from three gas fields into LNG (Liquefied Natural Gas). If the gas reserves meet expectations, the project will move into the front-end engineering and design phases by the end of 2011. The final investment decision would be made at the end of 2012. Commercial production would be expected to commence at the end of 2016.

 

Engineering Division – Outlook

The high order backlog provides a good basis for a solid business performance in the Engineering Division over the next two years. Linde expects to achieve the same level of sales in its engineering business in the 2011 financial year as in 2010. Given the positive trends in the first half of the year, the Group expects to achieve an operating margin in the current financial year of at least 10 percent. In the medium term, the target for the operating margin continues to be 8 percent.

Linde is well-positioned in the market for olefin plants, natural gas plants, air separation plants and hydrogen and synthesis gas plants and will derive lasting benefit in particular from investment in the two structural growth areas: energy and the environment.

 

To coincide with the publication of the quarterly financial statements, a teleconference for analysts will take place today at 2pm (German time) in English with Georg Denoke, CFO of Linde AG. Journalists will have the opportunity to listen to the conference live by dialling +49.69.589.99-0509 . Please give the reference number 894634 and tell the operator your name and the name of your company. Following the teleconference, you will be able to hear a recording of the event by calling +49.30.726.16-7224 . Please give the reference number 894634.

 

The Linde Group is a world-leading gases and engineering company with around 49,100 employees working in more than 100 countries worldwide. In the 2010 financial year, it achieved sales of EUR 12.868 bn. The strategy of The Linde Group is geared towards sustainable earnings-based growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. Linde is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, see The Linde Group online at http://www.linde.com

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04.07.2011
Shell otvara prvu opskrbnu stanicu vodikom u Njemačkoj prema Linde tehnologiji

Shell opens hydrogen service station with Linde technology in Germany

Berlin, 20 June 2011 – Shell Deutschland Oil GmbH opened their first demonstration hydrogen station in Germany today. It is located on the premises of Shell’s Sachsendamm service station in Berlin. The installation is equipped with innovative refuelling technology from Linde. The hydrogen to be dispensed there comes from a Linde pilot plant in Leuna which uses crude glycerol as feedstock.

Olaf Reckenhofer, responsible for Linde’s gases business in Germany, Austria and Switzerland, said: "The highly efficient cryo-pump system developed by Linde makes this installation the top performing hydrogen refuelling station in the world. Together with the certified green hydrogen supplied by us, this is a trailblazing fuelling concept that will bring us forward on the road to sustainable transportation."

The demonstration station is part of Shell’s research and development programme for hydrogen technology and was established within the scope of the "Clean Energy Partnership" (CEP). The objective is to evaluate the technology and learn valuable lessons about costs, consumer behaviour, how to store hydrogen safely and dispense it efficiently to different vehicles – such as passenger cars and buses.

“We’re proud to play an active role in the research and development of hydrogen technologies in the transport sector. Hydrogen-fuelled transportation can make a long-term contribution towards lowering road transport emissions,” said Peter Blauwhoff, Country Chair of Deutsche Shell Holding when the demonstration station was officially opened in Berlin.

The demonstration station in Berlin has the capacity to fill about 250 hydrogen-fuelled vehicles per day. However, the service station will predominantly be used for demonstration and research purposes, and for the time being an average of about 20 vehicles are to be filled there per day.

"Our aim is to improve the vehicles in terms of their efficiency, performance and reliability, to boost the production and distribution of hydrogen and to continually expand the network of service stations. This demonstration station is a further milestone en route to the hydrogen society," said Patrick Schnell, Chair of the CEP.

 

The Linde Group is a world-leading gases and engineering company with around 48,700 employees working in more than 100 countries worldwide. In the 2010 financial year, it achieved sales of EUR 12.868 bn. The strategy of The Linde Group is geared towards sustainable earnings-based growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. Linde is committed to technologies and products that unite the goals of customer value and sustainable development.

For more information, see The Linde Group online at http://www.linde.com

 

Contact:

Dr Thomas Hagn
Phone: +49.89.35757-1323 
E-Mail: thomas.hagn@linde.com


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