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  - 07/22 05:35:16 pm
128.8 EUR   +0.35%
05:01a NATIONAL PETROC : Iran petrochemistry, German Linde in talks for oil..
07/20 NATIONAL PETROC : NPC, Germany’s Linde launch petchem negotiat..
07/11 LINDE : Expanding Global Neon Supply Capabilities
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 
The feature you requested does not exist. However, we suggest the following feature:

National Petrochemical : Iran petrochemistry, German Linde in talks for oil cooperation

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/24/2016 | 05:01am CEST

TEHRAN, (ISNA)- Iran's National Petrochemical Company (NPC) and German Linde AG begun talks over investment and participation in Iran's most strategic petrochemical complex.

Six month after the implementation of Joint Comprehensive Plan of Action (JCPOA), no official agreement has been signed with a foreign firm for development, investment attraction of reopening of credit and finance lines in the country's petchem industries.

Despite the inking of a contract with France's Total for construction of a petrochemical plant in southern Iran, as well as numerous talks with Japan's Mitsubishi and BASF of Germany to fund ongoing projects in Iran, neither negotiations nor MoUs have led to sealing of new contracts in the country's petrochemical industry.

Meanwhile, Iran's petrochemical production capacity has reached about 62 million tons per year though National Petrochemical Company (NPC) officials have estimated that the figure will hit 100 million tons upon implementation of the Sixth National Development Plan.

European and in particular German companies appear to be more willing to make investments in petrochemical industries of Iran.

Accordingly, Linde of Germany has recently launched talks with NPC aiming to ink the first BOO (build, own, operate) contract for construction, completion and implementation of Damavand Petrochemical Complex.

Iran's most strategic petrochemical project in Asaluyeh, Damavand Petrochemical Complex, provides utilities and offsite services required for petrochemical projects at Phase II of Pars Special Economic Energy Zone (PSEEZ), mehr reported.

Member of the Executive Board of Linde AG Responsible for the Engineering Division Christian Bruch had said last year in an oil conference in Tehran "Linde will partake in Iran's petchem market following JCPOA implementation and the lifting of sanction."

Moreover, the German firm has begun talks with Iranian petrochemical companies to provide goods, equipment and spare parts.

The Linde Group, registered as Linde AG, is a multinational industrial gases and engineering company founded in Germany in 1879. It is the world's largest industrial gas company by market share as well as revenue.

End Item

(c) 1998-2016 Iranian Students' News Agency - ISNA Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on LINDE AG
05:01a NATIONAL PETROCHEMICAL : Iran petrochemistry, German Linde in talks for oil coop..
07/21 LINDE PAKISTAN : Board meeting of Linde Pakistan Limited to be held on August 22..
07/20 NATIONAL PETROCHEMICAL : NPC, Germany’s Linde launch petchem negotiations
07/11 LINDE : Expanding Global Neon Supply Capabilities
07/08 LINDE : 06.07.2016 / Trade News / Linde Expanding Global Neon Supply Capabilitie..
07/06 LINDE : Gazprom and Linde review progress of Amur GPP construction project
07/05 LINDE : Gazprom and Linde review progress of Amur GPP construction project
07/05 LINDE : 05.07.2016 / Trade News / Linde to invest PHP 1.3 billion (EUR 25 millio..
07/05 LINDE : Gazprom And Linde Review Progress Of Amur GPP Construction Project
07/01 LINDE : Expands Plant Turnaround with Texas Site
More news
Sector news : Industrial Gas
07/21DJPPG : to Shed Flat-Glass Operations; Executive Chairman to Retire
07/21DJSherwin-Williams Lowers Guidance
07/21DJPPG : Profit Rises 9.8% Despite Currency Challenges
07/19 Stocks dip on earnings and growth worries; dollar rises
07/19DJAKZO NOBEL : 2Q Ebit Rises 8.6%, Beating Forecasts
More sector news : Industrial Gas
News from SeekingAlpha
07/06 Air Liquide foresees slower growth despite Airgas deal
07/01 A NEW SOURCE FOR DIVIDEND GROWTH INV : The German Dividend Aristocrats
05/22 In Spite Of A Slump, I Remain Long Linde Aktiengesellschaft
04/29 Linde's (LNAGF) Management on Q1 2016 Results - Earnings Call Transcript
04/29 Linde AG reports Q1 results
Advertisement
Financials (€)
Sales 2016 17 576 M
EBIT 2016 2 216 M
Net income 2016 1 266 M
Debt 2016 7 387 M
Yield 2016 2,76%
P/E ratio 2016 18,99
P/E ratio 2017 17,51
EV / Sales 2016 1,78x
EV / Sales 2017 1,68x
Capitalization 23 922 M
More Financials
Chart LINDE AG
Duration : Period :
Linde AG Technical Analysis Chart | LIN | DE0006483001 | 4-Traders
Full-screen chart
Technical analysis trends LINDE AG
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 142 €
Spread / Average Target 11%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Wolfgang Heinz Büchele Chief Executive Officer
Wolfgang W. Reitzle Chairman-Supervisory Board
Georg Denoke Chief Financial Officer & Director-Employment
Andreas Opfermann Head-Technology & Innovation
Sandeep Sen Head-Group Information Services
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
LINDE AG-3.81%26 255
AIR LIQUIDE-SA ÉT.EXPL..-7.73%36 273
PRAXAIR, INC.14.94%33 576
LYONDELLBASELL INDUSTR..-10.06%33 353
AIR PRODUCTS & CHEMICA..14.23%32 116
PPG INDUSTRIES, INC.8.94%28 716
More Results