Linde Signs Long-Term Agreement to Supply Clean Hydrogen to Dow’s Path2Zero Project in Canada

EQS-News: Linde plc / Key word(s): Miscellaneous Linde Signs Long-Term Agreement to Supply Clean Hydrogen to Dow’s Path2Zero Project in Canada 27.08.2024 / 11:55 CET/CEST The issuer is solely responsible for the content of this announcement. Linde Signs Long-Term Agreement to Supply Clean Hydrogen to Dow’s Path2Zero Project in Canada

Woking, UK, August 27, 2024 – Linde (Nasdaq: LIN) announced today it has signed a long-term agreement for the supply of clean hydrogen to Dow’s Fort Saskatchewan Path2Zero Project. The company will invest more than $2 billion to build, own and operate a world-scale integrated clean hydrogen and atmospheric gases facility in Alberta, Canada.

Linde’s new on-site complex will use autothermal reforming, combined with Linde’s proprietary HISORP carbon capture technology, to produce clean hydrogen and will also recover hydrogen contained in off-gases from Dow’s ethylene cracker. In the first phase, Linde will supply the clean hydrogen, nitrogen and other services to support Dow’s world-first net-zero emissions integrated ethylene cracker and derivatives site¹. Linde’s new facility will also supply clean hydrogen to existing and new industrial customers seeking to decarbonize their operations. In total, Linde’s complex will capture carbon dioxide emissions for sequestration in excess of 2 million metric tons each year.

Upon completion in 2028, Linde’s new complex in Alberta will be the largest clean hydrogen production facility in Canada, and one of the largest globally. It will be Linde’s largest single investment and its second new world-scale clean hydrogen project, following the announcement of its project to supply clean hydrogen to a major blue ammonia project in the U.S. Gulf Coast.

“Linde is helping to build a more sustainable future,” said Sanjiv Lamba, Chief Executive Officer, Linde. “This landmark project aligns with our strategy of developing high-quality projects with secured off-take. Our technology, experience and execution are enabling the transition to a cleaner economy. We are proud to partner with Dow in its mission to decarbonize its Fort Saskatchewan site and are appreciative of the support of the Province of Alberta and the Federal Government.”