The demand for Linde’s NITRON on-site nitrogen plants was across multiple sectors
Linde announced today it has signed a record number of new small on-site projects during 2023, its fourth consecutive year of growth.
Linde signed 53 new small on-site projects with capex totaling $270 million for the supply of nitrogen and oxygen during 2023. Small on-site projects use Linde’s proprietary ECOVAR® technology, which is designed to be highly efficient, flexible and reliable while helping customers minimize their environmental impact.
The demand for Linde’s NITRON on-site nitrogen plants was across multiple sectors, including battery storage for both consumer electronics and electric vehicles. In addition, glass and metals comprised a significant proportion of Linde’s next generation VITRON® on-site oxygen plant projects. Linde’s portfolio of oxy-fuel applications reduces customers’ fuel consumption and emissions, playing a key role in these project wins.
“Linde’s proprietary small on-site technology enables our customers to be more efficient and sustainable across diverse end markets,” said Sanjiv Lamba, Chief Executive Officer, Linde. “In addition to record small on-site project wins, Linde’s modular multi-plant solutions are popular with customers for enhanced operational flexibility and lower costs.”
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