Back to News
Aug 27, 2024 11:50 AM

Linde Invests Over $2B For Clean Hydrogen, Inks Supply Deal With Dow: Details

Linde plc (NASDAQ:LIN) shares are trading higher today. The company disclosed a long-term agreement to supply clean hydrogen to Dow Inc.‘s (NYSE:DOW) Fort Saskatchewan Path2Zero Project.

The company plans to invest over $2 billion to build, own, and operate an integrated clean hydrogen and atmospheric gases facility in Alberta, Canada.

When completed in 2028, the new complex in Alberta will be Canada’s largest clean hydrogen production facility and one of the largest worldwide.

In the first phase, Linde will supply clean hydrogen, nitrogen, ...