Linde AG
Linde steps up research into safe ways of using captured carbon dioxide
(DGAP-Media / 22.05.2015 / 09:00)
Linde steps up research into safe ways of using captured carbon dioxide
Munich, 22 May 2015 - Technology company The Linde Group continues to focus
on advanced solutions for the recycling of carbon dioxide (CO2). As part of
this commitment, it has extended its participation in the international
research project "Impact of Common Impurities on Carbon Dioxide Capture,
Transport and Storage" until 2017. The aim of this project is to study the
physical properties of the impure CO2 mixtures that arise in industrial
combustion processes and power generation. The specific processes being
examined are carbon capture and usage (CCU), enhanced oil/gas recovery
(EOR/EGR) and CO2 liquefaction for subsequent commercialisation.
"Our objective is to further advance carbon capture methodologies as part
of a wider climate protection agenda," explains Jürgen Nowicki, Spokesman
for the Board of Directors of the Linde Engineering Division. "The first
phase of the research project delivered very promising results. By taking
part in the second phase, we expect to further strengthen our competitive
position in the processing of CO2-rich gases - a very important activity
for many of our customers."
The research project is being led by internationally renowned expert in the
field Professor Bahman Tohidi from the Institute of Petroleum Engineering
at Heriot-Watt University in Edinburgh. He has been at the helm of this
collaborative initiative since the first phase got underway in 2011. Apart
from Linde, Statoil, TOTAL, Chevron, Petronas, the UK's National Grid and
Portugal's Galp Energia will be participating in the second phase.
Precise measurement of the thermodynamic properties of CO2 and its
accompanying components has a direct impact on the profitability of
processes using CO2. One of the objectives in this context is to guarantee
and improve plant operation, safety and efficiency under all operating
conditions.
In the 2014 financial year, The Linde Group generated revenue of EUR 17.047
bn, making it the largest gases and engineering company in the world with
approximately 65,500 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
around 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:
Stefan Metz
Phone: +49-89-35757-1322
E-mail: stefan.metz@linde.com
Dr Thomas Hagn
Phone: +49-89-35757-1323
E-mail: thomas.hagn@linde.com
End of Media Release
---------------------------------------------------------------------
Issuer: Linde AG
Key word(s): Research/Technology
22.05.2015 Dissemination of a Press Release, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP 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
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: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Munich, Stuttgart; Regulated
Unofficial Market in Hanover; Terminbörse EUREX; SIX
End of News DGAP-Media
---------------------------------------------------------------------
360147 22.05.2015
of a wider climate protection agenda," explains Jürgen Nowicki, Spokesman
for the Board of Directors of the Linde Engineering Division. "The first
phase of the research project delivered very promising results. By taking
part in the second phase, we expect to further strengthen our competitive
position in the processing of CO2-rich gases - a very important activity
for many of our customers."
The research project is being led by internationally renowned expert in the
field Professor Bahman Tohidi from the Institute of Petroleum Engineering
at Heriot-Watt University in Edinburgh. He has been at the helm of this
collaborative initiative since the first phase got underway in 2011. Apart
from Linde, Statoil, TOTAL, Chevron, Petronas, the UK's National Grid and
Portugal's Galp Energia will be participating in the second phase.
Precise measurement of the thermodynamic properties of CO2 and its
accompanying components has a direct impact on the profitability of
processes using CO2. One of the objectives in this context is to guarantee
and improve plant operation, safety and efficiency under all operating
conditions.
In the 2014 financial year, The Linde Group generated revenue of EUR 17.047
bn, making it the largest gases and engineering company in the world with
approximately 65,500 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
around 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:
Stefan Metz
Phone: +49-89-35757-1322
E-mail: stefan.metz@linde.com
Dr Thomas Hagn
Phone: +49-89-35757-1323
E-mail: thomas.hagn@linde.com
End of Media Release
---------------------------------------------------------------------
Issuer: Linde AG
Key word(s): Research/Technology
22.05.2015 Dissemination of a Press Release, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP 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
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: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Munich, Stuttgart; Regulated
Unofficial Market in Hanover; Terminbörse EUREX; SIX
End of News DGAP-Media
---------------------------------------------------------------------
360147 22.05.2015
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