James Hanshaw Blog | Linde/Praxair: A New Energy Major | Talkmarkets
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I am retired apart from managing family investments - mostly equities. I live near Zürich, Switzerland. I keep physically fit by walking and mentally fit by writing mostly on philosophy, economics and politics. My writing is sometimes published internationally.

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Linde/Praxair: A New Energy Major

Date: Wednesday, January 22, 2020 10:33 AM EDT

Summary

  • The urgency to clean up the environment is growing as major investors, banks and even whole countries seek genuine clean fuel ESG and sustainability progress.
  • That pressure will provide push to the adoption of hydrogen as a fuel.
  • New demand will provide pull and energy specialist consultancy, Wood Mackenzie, estimates that hydrogen demand pull will be 1,272% in the next five years.
  • Linde/Praxair is the world leader in hydrogen technology and an investment in it should benefit nicely from that rare combination of push-pull pressures.

Linde (NYSE:LIN) was big in the world outside the US but not within, so it merged with US gases leader, Praxair, who was big in the US but not so big outside - making Linde an even bigger giant.

The New Linde

From the website:

Linde is a leading industrial gases and engineering company with pro forma 2018 sales of USD 28 billion (EUR 24 billion). The company employs approximately 80,000 people globally and serves customers in more than 100 countries worldwide. Linde delivers innovative and sustainable solutions to its customers and creates long-term value for all stakeholders. The company is making our world more productive by providing products, technologies and services that help customers improve their economic and environmental performance in a connected world.

Possibly one of the most important moves towards cleaning up our polluted environment in the near term will be hydrogen-powered vehicles. Linde are building refuelling stations in several countries including the US, and so far Linde has equipped around 150 vehicle fuelling stations in more than 15 countries with innovative hydrogen refuelling technology

This also from their website:

 

As the world’s largest manufacturer of hydrogen plants, Linde is the technology leader for hydrogen solutions – production, storage and distribution to dispenser manufacturing, fuelling stations and infrastructures for fleet applications like BeeZero.

Hydrogen is seen as the most promising alternative energy carrier, opening up sustainable mobility choices in our everyday lives. Together with partners from industry, politics and research institutions, Linde works at the forefront to help this technology break through.

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