Linde to Invest $2 Billion to Supply Hydrogen to Dow's Canada Plant
MT Newswires Live08-27
Linde (LIN) said Tuesday it has agreed to supply clean hydrogen to Dow's (DOW) Fort Saskatchewan Path2Zero Project.
The company said it will invest more than $2 billion to develop and operate an integrated clean hydrogen and atmospheric gases facility in Alberta, Canada.
The site, expected to be completed by 2028, will capture over 2 million metric tons of carbon dioxide annually and support Dow's net-zero emissions ethylene cracker, Linde said.
Linde shares were down 0.4% in recent premarket activity.
Price: 466.80, Change: -1.66, Percent Change: -0.35
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
