November 25, 2019
Linde signs MoU with Baowu Clean Energy to further develop China's hydrogen market
Guildford, UK, November 25, 2019 - Linde (NYSE: LIN; FWB: LIN) announced today that it has signed a memorandum of understanding (MoU) with Baowu Steel Group's new subsidiary, Baowu Clean Energy Ltd, to jointly cooperate on research and development to further develop China's hydrogen market for industrial and mobility applications. The two companies will work together to increase the accessibility of hydrogen to industries and advance the acceptance of hydrogen mobility solutions in China. Under the agreement, Linde and Baowu Clean Energy will also explore the option to invest in liquid hydrogen plants and infrastructure.
Business News, Decarbonization