LIN

Linde plc is a global industrial gases and engineering company that produces atmospheric gases such as oxygen, nitrogen, argon and rare gases, as well as specialty and medical gases including hydrogen, carbon dioxide, helium and electronic‑grade gases. Its business model combines the sale of these gases in bulk (via pipelines, on‑site generation plants or liquid tanker deliveries) and packaged cylinders, alongside engineering, procurement and construction services for gas production facilities, hydrogen and carbon‑capture plants. Operating in the basic materials and specialty chemicals sector, Linde serves a wide range of end markets—chemicals, energy, steel, electronics, healthcare, food and beverage, and aerospace—and is recognized as the world’s largest industrial‑gas supplier with a presence in more than 100 countries. Notable characteristics include long‑term take‑or‑pay contracts, high barriers to entry, and a strategic focus on clean‑energy technologies such as hydrogen and carbon‑capture, positioning it as a key player in the energy transition.