Linde and Heidelberg Materials Announce Large-Scale Carbon Capture Project

Rhea-AI Summary

Linde (NYSE:LIN) has partnered with Heidelberg Materials to establish a large-scale carbon capture and liquefaction facility at the Lengfurt plant in Germany. This initiative aims to capture, liquefy, and purify approximately 70,000 tons of carbon dioxide (CO₂) annually, significantly targeting emissions from cement production, which contributes to around 7% of global carbon emissions. The liquid CO₂ produced will primarily serve as feedstock for the chemicals and food & beverage sectors.

The project is described as one of the first large-scale implementations for the cement industry, addressing environmental performance priorities for heavy industrial clients and ensuring a stable CO₂ supply for the merchant market.

Positive

• Collaboration with Heidelberg Materials enhances Linde's sustainability efforts.
• Capturing 70,000 tons of CO₂ per year aids in reducing global emissions.
• New source of CO₂ for merchant markets ensures supply stability.

Negative

• None.

WOKING, UK / ACCESSWIRE / April 12, 2023 / Linde (NYSE:LIN) today announced it has signed an agreement with Heidelberg Materials, one of the world's largest building materials companies, to jointly build, own and operate a large-scale carbon capture and liquefaction facility.

Carbon dioxide (CO₂) is a by-product of cement production and is estimated to be responsible for around 7% of global carbon emissions¹. Through the use of carbon capture, Linde and Heidelberg Materials will aim to reduce carbon emissions at Heidelberg's Lengfurt plant in Germany. The new plant will capture, liquefy and purify around 70,000 tons of CO₂ per year, with the majority of the resulting liquid CO₂ to be marketed by Linde as feedstock for the chemicals and food & beverage end markets.

"For many of Linde's customers in the heavy industrial sector, improving the environmental performance of their operations is a priority," said Sean Durbin, Executive Vice President EMEA, Linde. "Our innovative project with Heidelberg Materials is one of the first large-scale plants of its kind for the cement industry. Considering current market constraints, it is also a welcome new source of CO₂ that will help ensure supply for the merchant market."

About Linde

Linde is a leading global industrial gases and engineering company with 2022 sales of $33 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, decarbonize and protect our planet.

The company serves a variety of end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases and technologies are used in countless applications including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity & specialty gases for electronics. 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

Contacts:
Investor Relations Juan Pelaez Phone: +1 203 837 2213 Email: juan.pelaez@linde.com	Media Relations Anna Davies Phone: +44 1483 244705 Email: anna.davies@linde.com

¹ GLOBAL CEMENT AND CONCRETE INDUSTRY ANNOUNCES ROADMAP TO ACHIEVE GROUNDBREAKING 'NET ZERO' CO2 EMISSIONS BY 2050: GCCA (gccassociation.org)

SOURCE: Linde plc

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https://www.accesswire.com/748740/Linde-and-Heidelberg-Materials-Announce-Large-Scale-Carbon-Capture-Project

FAQ

What is the recent partnership between Linde and Heidelberg Materials?

Linde has signed an agreement with Heidelberg Materials to build a large-scale carbon capture and liquefaction facility in Germany.

How much CO₂ will the new facility capture?

The facility will capture around 70,000 tons of CO₂ annually.

What is the environmental impact of this carbon capture project?

The project aims to significantly reduce carbon emissions from cement production, which accounts for approximately 7% of global emissions.

What markets will benefit from the CO₂ produced at this facility?

The majority of the liquid CO₂ will be marketed as feedstock for the chemicals and food & beverage industries.

When was this partnership announced?

The partnership was announced on April 12, 2023.