DGAP-News: Linde AG: Linde and Nynas conclude hydrogen on-site contract

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DGAP-News: Linde AG / Key word(s): Contract
Linde AG: Linde and Nynas conclude hydrogen on-site contract

07.02.2014 / 09:00

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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>


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Language:    English                                                    
Company:     Linde AG                                                   
             Klosterhofstraße 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                           
 
 
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