Linde's Trading Volume Surges 50.5% to $1.05 Billion, Ranks 93rd in Market Activity

Generado por agente de IAAinvest Volume Radar
viernes, 18 de julio de 2025, 7:13 pm ET1 min de lectura
LIN--

On July 18, 2025, Linde's trading volume reached $1.05 billion, marking a 50.5% increase from the previous day and ranking 93rd in the day's stock market activity. LindeLIN-- (LIN) rose by 0.81%, marking two consecutive days of gains, with a total increase of 1.16% over the past two days.

Linde has secured a $400 million contract to supply industrial gases to Blue Point's world-scale low-carbon ammonia plant in Louisiana. The plant, scheduled to commence operations in 2029, is set to be one of the largest low-carbon ammonia projects globally. Linde will utilize its Air Separation Unit (ASU) to provide oxygen and nitrogen, supporting the project's goals. This significant investment will further bolster Linde's infrastructure in the U.S. Gulf Coast region.

The Blue Point project, a joint venture between CF IndustriesCF--, JERA, and Mitsui & Co., aims to produce 1.4 million tons of ammonia annually, with a strong focus on reducing carbon dioxide emissions. This contract highlights Linde's commitment to the growth of the low-carbon ammonia market, aligning with broader industry trends such as the development of clean hydrogen and ammonia facilities along the U.S. Gulf Coast. As global demand for low-carbon ammonia rises, projects like Blue Point are essential for achieving sustainability goals, positioning Linde as a key player in the emerging market for industrial gases used in low-carbon energy production.

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