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

LINDE AG (LIN)

Delayed Quote. Delayed  - 08/30 05:35:23 pm
153.75 EUR   -0.55%
08/17 LINDE : Industrial Gas Makers Linde, Praxair Confirm Merger Talks
08/17 PRAXAIR : Gas suppliers Praxair and Linde hold merger talks
08/17DJLINDE : Praxair Confirms Talks With Competitor Linde -- WSJ
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Linde To Invest $380 Million In Saudi Chemical Complex

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04/02/2012 | 09:29am CEST

Germany's Linde AG (>> Linde AG) said Monday it has signed a long-term contract to supply gases to Sadara Chemical Co. at a chemical complex in Saudi Arabia, and will invest $380 million in the project.

Linde will supply carbon monoxide, hydrogen and ammonia at a chemical complex now being built by Sadara in Jubail, Saudi Arabia, and construct on-site production facilities scheduled to be ready in 2015.

Sadara, established in October 2011, is a joint venture developed by Saudi Arabian Oil Co., or Saudi Aramco, and Dow Chemical Co. (DOW), Linde said.

-By Friedrich Geiger, Dow Jones Newswires; +49 69 29 725 500; friedrich.geiger@dowjones.com

Stocks mentioned in the article : Linde AG
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Latest news on LINDE AG
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Financials (€)
Sales 2016 17 410 M
EBIT 2016 2 195 M
Net income 2016 1 251 M
Debt 2016 7 375 M
Yield 2016 2,30%
P/E ratio 2016 22,95
P/E ratio 2017 21,06
EV / Sales 2016 2,07x
EV / Sales 2017 1,96x
Capitalization 28 714 M
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Mean consensus HOLD
Number of Analysts 28
Average target price 146 €
Spread / Average Target -5,4%
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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
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Sector and Competitors
1st jan.Capitalization (M$)
LINDE AG15.46%32 072
AIR LIQUIDE-SA ÉT.EXPL..-4.82%37 991
PRAXAIR, INC.19.65%34 870
AIR PRODUCTS & CHEMICA..20.40%33 758
LYONDELLBASELL INDUSTR..-8.01%33 121
SHIN-ETSU CHEMICAL CO ..14.28%31 389
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