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Linde to Invest $2 Billion to Supply Hydrogen to Dow's Canada Plant
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Linde to Invest $2 Billion to Supply Hydrogen to Dow's Canada Plant
Aug 29, 2024 2:45 AM

07:43 AM EDT, 08/27/2024 (MT Newswires) -- Linde ( LIN ) said Tuesday it has agreed to supply clean hydrogen to Dow's (DOW) Fort Saskatchewan Path2Zero Project.

The company said it will invest more than $2 billion to develop and operate an integrated clean hydrogen and atmospheric gases facility in Alberta, Canada.

The site, expected to be completed by 2028, will capture over 2 million metric tons of carbon dioxide annually and support Dow's net-zero emissions ethylene cracker, Linde ( LIN ) said.

Linde ( LIN ) shares were down 0.4% in recent premarket activity.

Price: 466.80, Change: -1.66, Percent Change: -0.35

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