A major player in the hydrogen sector, the industrial gas giant this year unveiled that it will triple its clean hydrogen production by 2028 and invest more than $1bn in decarbonisation initiatives.
As Linde’s newly appointed CEO, Lamba will soon lead this effort, and many more, as the company strives to growth profitability and opportunities across its markets.
Having served at the industrial gas giant for more than 30-years, Lamba has held various leadership roles and is currently the company’s Chief Operating Officer, a role he has held since October 2020.
On his appointment, Lamba, said, “I am truly honoured to lead this outstanding company into the future. Linde is exceptionally well-positioned to capitalise on profitable growth opportunities in several end markets, including electronics, healthcare and clean energy.
“I look forward to working with the talented Linde team to continue driving out high-performance culture and create sustainable value for Linde shareholders.”
As of 1st March (2022), Steve Angel, Linde’s current CEO, will become Chairman to succeed Wolfgang Reitzle who will retire after nearly 20 years with the company.
“It has been a privilege to lead Linde to become the best performing industrial gases and engineering company in the world,” Angel said. “As Chairman, I look forward to working with Sanjiv as we further strengthen Linde’s reputation for excellence.”
“I am confident that under Sanjiv’s leadership, Linde will maintain our high-performance culture, aggressively implement our new sustainability goals and leverage the many growth opportunities we have in front of us to create significant shareholder value.”
As well as announcing its CEO and Chairman succession plan, Linde also announced on Monday (Oct 25), the formation of its Sustainability Committee which will be responsible for the company’s strategy and policies related to climate change, including hydrogen and carbon capture.
In recognition of the formation, the industrial gas giant has appointment Alberto Weisser as a new Director, who will serve on both the Audit and Sustainability Committees.
How Linde is scaling up to serve the growing hydrogen mobility market in North America
© Linde
Linde is currently in the process of retrofitting its Ontario, California plant to produce green hydrogen to fuel the US state’s mobility market. Targeting the second quarter of 2021 for full commercialisation, the facility will manufacture green hydrogen using renewable methane, in addition to producing conventional hydrogen.
With this investment, the US-German industrial gas giant will be able to initially produce 2.6 metric tons of green hydrogen per day – enough to fuel up to 1,600 vehicles a day – helping to avoid up to 50,000 metric tons of carbon dioxide per year. As demand for green hydrogen grows, Linde plans to expand its capacity accordingly, and revealed to H2 View that the US mobility market is a big focus for the company.
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