DGAP-News: Linde Leverages Combined Technology Portfolio to Sign 30 Small On-Site Contracts in its First Year
DGAP-News: Linde plc
/ Key word(s): Miscellaneous
Linde Leverages Combined Technology Portfolio to Sign 30 Small On-Site Contracts in its First Year Guildford, UK, February 10, 2020 - Linde (NYSE:LIN; FWB:LIN) announced today that it has signed three new customer contracts by leveraging legacy Linde and Praxair technologies, made possible following the merger of the two companies. Local business teams have used both companies' legacy technology and applications to approach new customers and offer compelling new solutions to existing customers. "The ability to cross-sell our combined technology and applications was key to the rationale for merging our two companies," said Anne Roby, Executive Vice President, Linde. "These new agreements demonstrate how we are already winning new business and with more tools in our toolbox we can offer a more complete solution to our customers. I have great confidence that we will continue unlocking this opportunity." Linde has signed over 30 small on-site contracts including cryogenic nitrogen (N-Plant) and non-cryogenic oxygen (VPSA) and nitrogen (PSA) production plants in the last 12 months. The most recent wins from cross-selling its combined technologies have been three VPSA agreements signed with: KOA (Suzhou) Co. ltd., a leading manufacturer of cosmetic bottles (China); SCHOTT, a leading international technology group in the areas of specialty glass and glass-ceramics (China); and ARAUCO, a global forestry company (Chile). About Linde For more information about the company, please visit www.linde.com
10.02.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Linde plc |
The Priestley Centre, 10 Priestley Road | |
GU2 7XY Guildford | |
United Kingdom | |
Phone: | +1-203-837-2210 |
E-mail: | [email protected] |
Internet: | www.linde.com |
ISIN: | IE00BZ12WP82 |
WKN: | A2DSYC |
Indices: | DAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Moscow, NYSE, Luxembourg Stock Exchange (Euro MTF) |
EQS News ID: | 971537 |
End of News | DGAP News Service |
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971537 10.02.2020
Linde plc Stock
With 9 Buy predictions and not the single Sell prediction the community is currently very high on Linde plc.
As a result the target price of 427 € shows a positive potential of 29.98% compared to the current price of 328.5 € for Linde plc.