Linde Signs New Supply Agreement with Major Space Launch Company

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Linde (NYSE:LIN) has signed a long-term agreement with a major space launch company in Florida for bulk industrial gas supply. This includes liquid oxygen and nitrogen from Linde's air separation plant in Mims, which is undergoing a 50% production capacity expansion expected to be operational in 2023. This agreement aims to meet rising demands from various sectors including aerospace, healthcare, and food processing. Linde reported 2021 sales of $31 billion, showcasing its commitment to providing essential industrial gases and solutions.

Positive

• Signed a long-term supply agreement with a major space launch company, boosting revenue potential.
• Expanding the Mims air separation plant by 50% to meet increasing demand across multiple industries.

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• None.

WOKING, UK / ACCESSWIRE / April 20, 2022 / Linde (NYSE:LIN)(FWB:LIN) today announced it has signed another long-term agreement with a major space launch company in Florida for the supply of bulk industrial gases.

Linde will supply the customer with liquid oxygen and nitrogen from its air separation plant at Mims, Florida, which is currently undergoing a further expansion to increase production capacity by up to 50%. Expected to start up in 2023, the additional capacity will meet the growth needs of the new agreement, plus rising demand from customers across the aerospace, healthcare, manufacturing, food processing and water treatment end markets.

"Linde's expansion at Mims is underway and we are well positioned to serve the increasing demand from customers," said Todd Lawson, Vice President Eastern U.S., Linde. "The new agreement reinforces Linde's well-earned reputation as a trusted and reliable supplier of industrial gases to aerospace customers, among others."

About Linde

Linde is a leading global industrial gases and engineering company with 2021 sales of $31 billion (€26 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

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