DGAP-News: Linde AG: Linde starts small-series production for hydrogen fuelling stations (news with additional features)

| Source: EQS Group AG
DGAP-News: Linde AG / Key word(s): Contract/Product Launch
Linde AG: Linde starts small-series production for hydrogen fuelling
stations (news with additional features)

14.07.2014 / 12:00


Linde starts small-series production for hydrogen fuelling stations

  - World's first series production of its kind

  - Standard agreement closed with Iwatani Corporation (Japan) for delivery
    of 28 units

  - Technology leadership through innovative ionic compressor 

  - Leading companies from industry are committed to hydrogen 

Munich/Vienna, 14 July 2014 - Technology company The Linde Group continues
to advance the introduction of hydrogen as a fuel: Today the company
officially opened the world's first small-series production facility for
hydrogen fuelling stations in Vienna. Many prominent and international
guests attended the event, including the Austrian Minister of Transport,
Innovation and Technology, Doris Bures, and the German Ambassador to
Vienna, Detlev Rünger. Linde's Vienna Application Centre was extensively
modernised and expanded specifically for this project. Many ground-breaking
hydrogen fuelling innovations have originated from this research and
development hub in Vienna in recent years. These include Linde's
energy-efficient, compact ionic compressor, the IC 90.

"The successful commercialisation of fuel-cell cars hinges on a
sufficiently widespread hydrogen infrastructure," explains Professor Dr
Aldo Belloni, member of the Executive Board of Linde AG. "The development
of small-series production capabilities is a key milestone on this journey.
It gives us the flexibility we need to meet rising demand in different
markets. Our standard agreement with Iwatani shows that we are on the right
path along with our partners."

At the opening ceremony, Linde and Iwatani Corporation announced that both
companies had closed a deal for the delivery of 28 hydrogen fuelling
stations with ionic compressors. The first of these units went on stream
today in Amagasaki near Osaka, Japan. Akiji Makino, CEO of Iwatani
Corporation, comments: "Iwatani would like to contribute to the development
of Japan's hydrogen energy infrastructure by building on highly advanced
ionic compressor technology from Linde."

The Austrian Minister Bures had the following to say: "I am proud to see
that Austrian engineering is making a valuable contribution to the
advancement of hydrogen technology. This new opening is an important
development on several counts. Not only is it the first small-series
production facility of its kind worldwide, it also exemplifies how research
and technology development work can feed directly into production and the
creation of new jobs. In a nutshell, it pays to invest in the future."

Dr Gerhard Roiss, Chairman of the Executive Board and CEO of OMV AG, is
equally enthusiastic: "In order to effectively transition to cleaner
sources of energy, we now need second-generation renewable innovations, and
not first-generation subsidies. And this is exactly what OMV is focusing
on. The success of tomorrow's mobility solutions hinges on close
cross-industry collaboration. And this project is a prime example of how
this can work. This first series production facility for hydrogen fuelling
stations marks an important milestone on our way towards the widespread use
of hydrogen-powered vehicles."

Unlike conventional piston-operated compressors, Linde's IC 90 works with
liquid salts. Because these ionic liquids do not have a vapour pressure,
they do not evaporate or mix with the hydrogen gas. They also eliminate
mechanical wear-and-tear and sealing problems inside the cylinders. In
addition, the IC 90 increases energy efficiency. Equipped with a
sophisticated safety system and remote diagnosis and maintenance
capabilities, the IC 90 meets all fuelling standards to ensure safe, silent
fuelling and can achieve a pressure of 1,000 bar (14,500 psi) if required.
With this compressor, technology leader Linde has made a valuable and key
contribution to the ongoing enhancement of today's hydrogen fuelling

Highlights of the new small-series production concept include a high degree
of standardisation across all components, which are installed in a compact
14-foot container for ease of transport and integration in existing
fuelling stations.

The expansion of production capacity in Vienna to 50 units a year dovetails
with the introduction of the first series-produced fuel-cell cars by
leading manufacturers such as Hyundai, Toyota, Honda and Daimler between
2014 and 2017. Experts predict that tens of thousands of fuel-cell cars
will be travelling Europe's roads by 2018.

In the 2013 financial year, The Linde Group generated revenue of EUR 16.655
bn, making it the largest gases and engineering company in the world with
approximately 63,500 employees working in more than 100 countries
worldwide. The strategy of The Linde 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.

Under the "Clean Technology by Linde" label, the company offers a wide
range of products and technologies that help to render renewable energy
sources financially viable, and significantly slow down the depletion of
fossil resources or reduce the level of CO2 emitted. This ranges from
specialty gases for solar module manufacturing, industrial-scale CO2
separation and application technologies to alternative fuels and energy
carriers such as liquefied natural gas (LNG) and hydrogen.

For more information go to http://www.linde.com/cleantechnology.

Further information:

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

Stefan Metz                                        Lisa Tilmann
Phone: +49.89.35757-1322                           Phone: 49.89.35757-1328


End of Corporate News

Additional features:

Picture: http://newsfeed2.equitystory.com/Linde/277501.html
Subtitle: completely assembled compressor station with Linde IC 90 /
fertig montierte Verdichterstation mit Linde IC 90 Kompressor


14.07.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


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  
277501 14.07.2014