Linde's Subsidiary White Martins Will Build, Own And Operate A Second Electrolyzer To Produce Green Hydrogen For The Southeast Region Of Brazil, The New Plant Is Expected To Start Up In 2025
Portfolio Pulse from Benzinga Newsdesk
Linde's subsidiary White Martins is set to build and operate a second electrolyzer for green hydrogen production in Brazil's Southeast region by 2025. The plant, powered by renewable energy, aims to supply green hydrogen to various industries, including a glass manufacturer, to reduce emissions.

April 18, 2024 | 10:25 am
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Linde's expansion into green hydrogen production in Brazil through its subsidiary White Martins signifies a strategic move towards sustainability and could enhance its market position in renewable energy sectors.
The establishment of a new green hydrogen plant by Linde's subsidiary in Brazil represents a forward-thinking approach to renewable energy and sustainability. This move not only aligns with global trends towards cleaner energy sources but also positions Linde to capitalize on the growing demand for green hydrogen across various industries. Given the plant's strategic location and the use of renewable energy sources, this initiative is likely to enhance Linde's reputation and operational capabilities in the renewable sector, potentially leading to a positive impact on its stock price in the short term.
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