The engineering arm of industrial gas major Linde will design and deliver one of the world’s largest cryogenic cooling plants to support a utility-scale quantum computer in Brisbane, Australia, operated by computing company PsiQuantum.
Industrial gas major Linde says its project backlog remains strong at $7bn in sale-of-gas projects and is expected to grow by year-end, despite a delay to its $2bn clean hydrogen facility in Alberta, Canada.
Artificial intelligence has become a key driver of productivity at Linde, accounting for roughly a third of its efficiency gains in the first quarter of 2025.
Industrial gas major Linde has said it remains confident in delivering $8bn to $10bn worth of clean energy projects over the next few years, underpinned by blue hydrogen and US 45Q tax credits.
Linde reported net income of $1.67bn in Q1, up 3% year-on-year, despite what it termed flat sales of $8.1bn and macroeconomic challenges.
Industrial gas major Linde will build a new air separation unit to expand gas supply to Samsung’s sprawling chip complex in Pyeongtaek, South Korea.
Air Liquide has signed a record 2,500 gigawatt hours (GWh) of power purchase agreements (PPAs) in 2024, securing low-carbon electricity to cut over 1.2 million tonnes of carbon dioxide (CO2) annually.
Industrial gas major Linde has talked up the benefit of its small on-site projects pipeline to its business.
Linde has secured a record number of new small on-site projects for the supply of nitrogen and oxygen for the fifth year in a row.
Cascia Gases has begun delivering to customers gained in the mandatory divestment of the Linde-Praxair merger in Argentina.
