IFNNF - Linde to supply green hydrogen to Infineon

Linde (NYSE:LIN) says it signed a long-term agreement with semiconductor manufacturer Infineon Technologies (OTCQX:IFNNY) for the on-site production and storage of green hydrogen, alongside the supply of other industrial gases. Linde says it will build, own and operate a 2 MW electrolyzer plant at Infineon's Villach site in Austria, which will produce green hydrogen that will be purified to meet the specifications of Infineon's manufacturing process. The company also will build, own and operate a compact air separation unit at Villach to deliver a reliable supply of nitrogen, as well as a bulk storage system to supply additional industrial gases to meet Infineon's needs. Demand for industrial gases is growing across all end-markets, and Linde is supported by solid fundamentals and a positive long-term outlook, BOOX Research writes in a bullish analysis posted recently on Seeking Alpha.

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Linde to supply green hydrogen to Infineon