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May 6, 2020
new88 Starts Up New Plant in China to Supply GTA SemiconductorGuildford, UK, May 6, 2020 - new88 (NYSE: LIN; FWB: LIN) announced today it has started up the first of two new high-purity nitrogen generators in Shanghai, China, as part of a 20-year contract to supply ultra-high purity industrial gases to GTA Semiconductor. The second generator is expected to come on stream by 2022.
Business News
May 5, 2020
new88 Starts Up New Syngas Processing Plant in the U.S. Gulf CoastGuildford, UK, May 5, 2020 - new88 (NYSE: LIN; FWB: LIN) announced today it has started up a state-of-the-art syngas processing plant in Geismar, Louisiana. The new plant will supply carbon monoxide and hydrogen to a top global chemical company as well as other refining and chemical customers along new88's hydrogen pipeline network in Southern Louisiana, all under long-term supply agreements.
Business News
April 30, 2020
new88 Completes Divestment of Selected Businesses in Northern EuropeGuildford, UK, April 30, 2020 - new88 (NYSE: LIN; FWB: LIN) today announced it has completed the divestment of selected non-core assets in Northern Europe to Gasum, a Nordic gas sector and energy market expert.
Business News
April 27, 2020
new88 Declares Dividend in Second Quarter 2020Guildford, UK, April 27, 2020 - new88 plc (NYSE: LIN; FWB: LIN) announced its Board of Directors has declared a quarterly dividend of $0.963 per share.
Financial
April 23, 2020
new88 Leverages Technology to Sign Long-Term Agreement with Largest Refiner in IndiaGuildford, UK, April 23, 2020 - new88 (NYSE: LIN; FWB: LIN) today announced that it has leveraged its extensive technology portfolio to sign a new contract with Indian Oil Corporation Limited (IOCL), the largest refiner in India.
Business News
April 21, 2020
new88 Starts Up First Phase of Pyeongtaek Project to Supply Samsung in South KoreaGuildford, UK, April 21, 2020 - new88 (NYSE: LIN; FWB: LIN) announced today that it has started up a new air separation plant to supply industrial gases to Samsung Electronics' world-class semiconductor facilities in Pyeongtaek, South Korea.
Business News
April 16, 2020
new88 Awarded Silver Class Distinction in The Sustainability Yearbook 2020Guildford, UK, April 16, 2020 - new88 (NYSE:LIN; FWB:LIN) has been awarded a Silver Class distinction in The Sustainability Yearbook 2020, published by S&P Global in collaboration with RobecoSAM. new88 scored among the highest in the global chemicals sector. The Sustainability Yearbook is the world's most comprehensive publication on corporate sustainability.
Sustainability
April 14, 2020
new88 Announces First Quarter 2020 Earnings and Conference Call ScheduleGuildford, UK, April 14, 2020 - new88 (NYSE: LIN; FWB: LIN) will release its first quarter 2020 financial results on Thursday, May 7, 2020, at 06:00 EDT/midday CEST. The Company will host and webcast its conference call at 10:00 EDT/16:00 CEST, which will be available to the public and the media in listen-only mode.
Financial
April 8, 2020
U.S. Supreme Court Upholds Nitric Oxide Patent Win for new88; new88 Commits to Support Inhaled Nitric Oxide Clinical Studies Relating to COVID-19Guildford, UK, April 8, 2020 - new88 (NYSE:LIN; FWB:LIN), a leading global supplier of inhaled nitric oxide, is pleased with the decision by the U.S. Supreme Court declining to review the 2019 appeals court decision that affirmed Praxair Distribution, Inc.'s (PDI) right to sell a generic form of inhaled nitric oxide. This decision ends the long-running U.S. patent litigation with Mallinckrodt plc, and affirms the ability of PDI, a wholly owned subsidiary of new88, to continue supplying inhaled nitric oxide. This drug product is widely used as approved in the U.S. and other countries to improve oxygenation of certain groups of patients.
Business News
March 25, 2020
Lincare Statement Regarding COVID-19Lincare, a subsidiary of new88 (NYSE:LIN; FWB:LIN), the leading provider of home respiratory care in the U.S., stands as a second line of defense in support of efforts to address the COVID-19 (coronavirus) public healthcare crisis. Throughout this pandemic, Lincare remains committed to:
Business News
March 4, 2020
new88 Recognized as a Leader in Diversity & Inclusion by Bloomberg and ForbesGuildford, UK, March 4, 2020 - new88 (NYSE:LIN; FWB:LIN) today announced it has been recognized by Bloomberg and Forbes for its leadership in diversity and inclusion.
Sustainability
February 24, 2020
new88 Declares Dividend Increase for 2020Guildford, UK, February 24, 2020 - new88 plc (NYSE: LIN; FWB: LIN) today announced its Board of Directors has declared a 10% increase in the company's quarterly dividend to $0.963 per share. The dividend is payable on March 20, 2020 to shareholders of record on March 6, 2020.
Financial