DGAP-News: Linde AG / Key word(s): Contract Linde AG: Linde and Nynas conclude hydrogen on-site contract 07.02.2014 / 09:00 --------------------------------------------------------------------- Linde and Nynas conclude hydrogen on-site contract - Modern hydrogen plant to be built in Hamburg-Harburg - Investments of EUR 30 million Munich, 7 February 2014 - The technology company The Linde Group has signed a long-term contract with Nynas AB, one of the world leaders in the naphthenic specialty oils (NSP) and the bitumen business, for the on-site supply of hydrogen at Nynas' refinery in Hamburg, Germany. To this end, the Linde Engineering Division will build a state-of-the-art steam methane reformer plant with total investments accounting to around EUR 30 million. 'Nynas and Linde already look back on a long and successful relationship, especially in Sweden,' said Professor Dr Aldo Belloni, Member of the Executive Board of Linde AG. 'We are supplying Nynas with natural gas from our LNG terminal near Stockholm. We are more than happy to expand our excellent cooperation to Germany now.' The project is part of a major restructuring of the Hamburg-Harburg refinery, which over the next two years will be converted into a specialized NSP production site. By this, Nynas will increase its overall NSP production capacity by forty per cent. These specialty oils are used for many different applications, such as tires, transformers, printing inks, industrial rubber and lubricants. The new hydrogen facility is scheduled to go on-stream in the fourth quarter of 2015 and will be operated by the Linde Gases Division. With a capacity of 400,000 m³ of hydrogen per day it will be able to also supply other hydrogen customers in the Hamburg harbour area. The Linde Group is a world-leading gases and engineering company with around 63,000 employees in more than 100 countries worldwide. In the 2012 financial year, Linde generated revenue of EUR 15.280 bn. The strategy of the 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 company 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 www.linde.com. Further information: <pre> Media Relations Investor Relations Uwe Wolfinger Dr Dominik Heger Phone: +49.89.35757-1320 Phone: +49.89.35757-1334 Stefan Metz Phone: +49.89.35757-1322 </pre> End of Corporate News --------------------------------------------------------------------- 07.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Linde AG KlosterhofstraÃe 1 80331 München Germany Phone: +49.89.35757-01 Fax: +49.89.35757-1075 E-mail: info@linde.com Internet: www.linde.de ISIN: DE0006483001 WKN: 648300 Indices: DAX Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, München, Stuttgart; Freiverkehr in Hannover; Terminbörse EUREX; SIX End of News DGAP News-Service --------------------------------------------------------------------- 251595 07.02.2014
DGAP-News: Linde AG: Linde and Nynas conclude hydrogen on-site contract
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