Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  Linde AG    LIN   DE0006483001

LINDE AG (LIN)

Delayed Quote. Delayed  - 05/30 05:35:12 pm
134.85 EUR   +0.75%
05/30 Linde China's 2nd Production Line Completes Commissioning
05/05 Air Products' Versum Materials™ to Showcase InuMax Advanced..
05/04 LINDE : 04.05.2016 / Trade News / Linde awarded major supply contrac..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

Linde China's 2nd Production Line Completes Commissioning

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/30/2016 | 12:05pm CEST

SHANGHAI, May 30, SinoCast -- Linde China has completed commissioning of the second hydraulic motor production line, which is scheduled to pass examination by Germany in June. The company's core hydraulic part and component business has been established in China and has realized production in the country.

Linde China, of which 51% is held by Germany's Linde Hydraulics and 49% is held by China's Weichai Power, is Linde Hydraulics' R&D, manufacturing and sales base for China, Southeast Asia and South Asia.

Weichai Power has taken over 38.25% equities in KION and 90% equities in Linde Hydraulics with roughly EUR 1.17 billion since 2012 in order to gain global top hydraulic technologies.

Weichai Power signed a strategic alliance agreement with KION on August 31, 2012, spinning off Linde Hydraulics and taking helm of it. Weichai Power's holdings rose to 30% after KION listed a year later; Weichai Power became the first majority shareholder.

Linde China was established in Shandong in 2014. It will build six production lines and ten testbeds by 2018 and will be capable of manufacturing all-series Linde hydraulic products.

© Sinocast, source Sinocast Beats

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on LINDE AG
05/30 Linde China's 2nd Production Line Completes Commissioning
05/24 LINDE PAKISTAN : Dispatch of final dividend warrants of Linde Pakistan Limited
05/12 DGAP-DD : Linde AG deutsch
05/05 Air Products' Versum Materials™ to Showcase InuMax Advanced Retinol Del..
05/04 LINDE : 04.05.2016 / Trade News / Linde awarded major supply contract for South ..
05/04 LINDE : Professor Wolfgang Reitzle elected as Chairman of the Supervisory Board
05/04 LINDE AG : ex-dividend day for annual dividend
05/03 BILFINGER SE : Thomas Blades To Become New Chief Executive At Bilfinger
05/03 LINDE : 03.05.2016 / Corporate News / Professor Wolfgang Reitzle elected as Chai..
05/03 DGAP-NEWS : Linde AG: Prof. Dr.-Ing. Wolfgang Reitzle zum Vorsitzenden des Aufsi..
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials