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Linde LIN

ChemicalsMarket cap $200B4 connections

Linde is the world's largest industrial gases company, supplying oxygen, nitrogen, hydrogen, and argon to steel mills, hospitals, semiconductor fabs, and chemical plants. Its on-site plants built next to customers lock in 20-year supply agreements. Without industrial gases, most manufacturing stops entirely.

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Customers 4

Companies Linde sells to

  • MicrosoftTechnology · $2.8TCooling gases for Microsoft Azure data centers
  • TSMCSemiconductors · $900BUltra-pure nitrogen and oxygen for TSMC fabs
  • ExxonMobilEnergy · $490BIndustrial hydrogen for ExxonMobil refining
  • Applied MaterialsSemiconductors · $145BSpecialty gases for semiconductor equipment

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Relationships are compiled by VexMap from company filings, announcements and reporting, and last reviewed September 2026. Spotted something wrong? Tell us. Not investment advice.