Linde Signs Agreement with Leading Semiconductor Manufacturer in Singapore

Rhea-AI Summary

Linde (NYSE:LIN) has signed a significant agreement to supply high-purity industrial gases to a leading semiconductor manufacturer based in Singapore. The company plans to build and operate a state-of-the-art SPECTRA generator for ultra-high-purity nitrogen and oxygen, set to begin operations by late 2022. This project is part of over US$ 1 billion in new electronics contracts secured by Linde in the past year, reinforcing its position in the semiconductor market. Linde's commitment to reliability and efficiency is highlighted in meeting the stringent needs of the semiconductor industry.

Positive

• Secured a major agreement to supply gases to a semiconductor manufacturer, enhancing its market position.
• Building a SPECTRA generator will cater to the high demands of the semiconductor industry.
• Part of over US$ 1 billion in electronics projects signed in the last year, indicating strong business growth.

Negative

• None.

GUILFORD, UK / ACCESSWIRE / February 3, 2022 / Linde (NYSE:LIN)(FWB:LIN) today announced that it has signed an agreement to supply high-purity industrial gases to a leading semiconductor manufacturer in Singapore.

Linde will build, own and operate a state-of-the-art SPECTRA generator to produce ultra-high-purity nitrogen and oxygen for the customer's new multi-billion-dollar semiconductor fabrication plant. The new SPECTRA plant is expected to start up in late 2022.

This agreement is one of over US$ 1 billion of new electronics projects signed by Linde with leading electronics companies in the past year.

"Linde's technology is designed to meet the stringent requirements of the semiconductor industry while maintaining excellent reliability and operating efficiency," said John Panikar, Executive Vice President APAC, Linde. "Our track record in delivering on-time large projects has enabled us to capture opportunities which further strengthen our leadership in the electronics end market."

About Linde

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 & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. 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

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

SOURCE: Linde plc

View source version on accesswire.com:
https://www.accesswire.com/687090/Linde-Signs-Agreement-with-Leading-Semiconductor-Manufacturer-in-Singapore

FAQ

What recent agreement has Linde signed related to semiconductor manufacturing?

Linde signed an agreement to supply high-purity industrial gases to a leading semiconductor manufacturer in Singapore.

When is the SPECTRA generator expected to start operations?

The SPECTRA generator is expected to start operations in late 2022.

How much has Linde invested in new electronics projects recently?

Linde has secured over US$ 1 billion in new electronics projects in the past year.

What type of gases will Linde produce for the semiconductor industry?

Linde will produce ultra-high-purity nitrogen and oxygen.

What is Linde's role in the semiconductor manufacturing supply chain?

Linde will build, own, and operate the SPECTRA generator to supply essential gases for semiconductor fabrication.