sur Linde Plc (NASDAQ:LIN)
Linde Opens Major Helium Storage Cavern in Texas
Linde plc has announced the commissioning of a massive helium storage cavern in Beaumont, Texas. This cavern is among the largest globally, with a capacity exceeding three billion cubic feet. As one of only three existing helium salt caverns worldwide, it enables efficient storage and extraction to stabilize the market's natural supply and demand fluctuations.
This development is part of Linde's ongoing investments to expand its helium infrastructure, addressing the rising global demand. The company leverages proprietary technology for helium storage and production and operates a vast network of global facilities to ensure reliable supply.
Helium is crucial across various industries, including electronics, aerospace, and healthcare. Anshul Sarda, Managing Director of Global Helium and Rare Gases at Linde, stated the investment aims to solidify the company’s global supply network, ensuring dependable access for its customers.
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