Linde doubles project backlog to $10bn, led by major Dow contract
Sanjiv Lamba, CEO of Linde, has said that the industrial gas giant will bring around 29 to 30 onstream during the remainder of the year, shrinking its backlog by around $1bn.
Lamba confirmed this on a recent earnings call, following Linde’s third quarter (Q3) financials, which highlighted a record $10bn backlog.
Read more: Linde’s Q3 results show EPS growth and record $10bn backlog despite economic headwinds
It is thought that the company’s largest-ever sale-of-gas project signed with Canadian chemical company Dow represents around half of Linde’s project backlog.
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