Linde PLC is a leading global company in the basic materials sector, operating primarily in the chemical manufacturing industry, with a strong focus on industrial gases.
Formed in 2018 through the merger of U.S.-based Praxair and Germany’s Linde AG, the company’s business model encompasses the production and distribution of essential gases. Its portfolio includes oxygen, nitrogen and hydrogen, which support strategic sectors such as healthcare, energy, chemicals and manufacturing.
The diversified offering includes industrial gases for multiple applications, advanced carbon-capture technologies and sustainability-oriented solutions, aligning with global demand for operational efficiency and environmental responsibility.
Its operational structure is supported by industrial plants, distribution centers and strategic partnerships that ensure broad market coverage. With a global footprint, Linde PLC maintains operations in key regions including North America, Europe, Asia and other international markets.
Market drivers affecting Linde PLC include rising demand for industrial gases across sectors such as semiconductors, renewable energy and healthcare, along with increasing pressure for sustainable solutions.
Key initiatives include investments in green hydrogen and carbon-capture technologies, reinforcing its leadership and competitiveness in the industry. The company combines proprietary production capabilities with strategic partnerships, ensuring flexibility and efficiency throughout its global operations.
History and Foundation of Linde PLC
The trajectory of Linde PLC is rooted in the extensive histories of the companies that formed it. Linde AG was founded in 1879 in Germany by Carl von Linde, a pioneer in refrigeration and industrial-gas technologies. Praxair, meanwhile, originated in the United States in 1907 as part of Union Carbide and grew throughout the 20th century as a leader in industrial gases.
In their early years, both companies faced challenges tied to technological expansion and growing industrial demand. Linde AG advanced cryogenic-engineering technologies, while Praxair innovated in air-separation processes and gas-transport systems. These developments established both organizations as global references in the industrial-gas sector.
The merger between Linde AG and Praxair, completed in 2018, marked a significant milestone for the industry, creating the largest industrial-gases company in the world. The transaction generated operational synergies, expanded the company’s global presence and delivered substantial cost efficiencies.
Since then, Linde PLC has invested heavily in sustainable solutions, such as green hydrogen and carbon-capture technologies, aligning with global sustainability trends. Recent developments include strategic acquisitions, expansion into emerging markets and partnerships with high-tech and healthcare industries.
The company has also gained prominence for initiatives aimed at reducing emissions, responding to rising environmental and regulatory requirements. With a dynamic, globally integrated business model, Linde PLC has solidified its position as the undisputed leader in the industrial-gases sector.
Additional Information
The Company Linde PLC (United States), is listed on NYSE with a market cap of $ 193.58 Billions, having an equity of $ 40.09 Billions.
With a total of 72.327 employees, the company is listed in the sector of Basic Materials and categorized in industry of Chemicals Manufacturing.
In the last 12 months the Company had a revenue of $ 33.50 Billions, which generated a profit in the amount of $ 7.09 Billions.
As for its main indicators, the Company has a P/E ratio of 27.29, a P/BV ratio of 4.83 and in the last 12 months the dividend yield of LIN was at 1.43%.
The Company is traded internationally through the ticker LIN.