DGAP-News: Linde AG: Linde to deliver two hydrogen plants to Russia

| Source: EQS Group AG
DGAP-News: Linde AG / Key word(s): Contract
Linde AG: Linde to deliver two hydrogen plants to Russia

11.02.2014 / 09:00


Linde to deliver two hydrogen plants to Russia

  - Contract value: around EUR 120 million

  - Plants will be used for heavy residue conversion at the Nizhnekamsk
    refinery site

Munich, 11 February 2014 - Technology company The Linde Group has recently
signed an engineering and procurement contract for two hydrogen plants in
Nizhnekamsk, Republic of Tatarstan, Russian Federation. The contract was
awarded by PSC TAIF-NK, a leader in the oil refining industry in Tatarstan.
The contract is worth around EUR 120 million.

'We are delighted to have the opportunity to cooperate with PSC TAIF-NK and
bring in our in-depth expertise in hydrogen technology,' said Professor Dr
Aldo Belloni, Member of the Executive Board of Linde AG. 'We are confident
that this agreement will lead to further key contracts for our gases and
engineering business in this important Eastern European growth market.'

Linde will be responsible for basic and detail engineering, procurement and
supply of equipment and materials.

The two new hydrogen plants, each with a capacity of around 110,000 normal
cubic metres per hour (Nm3/h), will supply high purity hydrogen to the
heavy residue conversion complex at the Nizhnekamsk refinery site. The new
hydrogen plants are planned to be delivered by the end of 2015.

PSC TAIF-NK operates the largest refinery in Tatarstan, including a
gasoline plant and gas condensate processing plant.

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. Linde 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:

Media Relations                                    Investor Relations
Uwe Wolfinger                                      Dr Dominik Heger
Phone: +49.89.35757-1320                           Phone: +49.89.35757-1334

Dr Thomas Hagn                                     Lisa Tilmann
Phone: +49.89.35757-1323                           Phone: 49.89.35757-1328


End of Corporate News


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Language:    English                                                    
Company:     Linde AG                                                   
             Klosterhofstraße 1                                         
             80331 München                                              
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                           
End of News    DGAP News-Service  
251914 11.02.2014