Today I embarked on the journey to find resources in regards to The Linde Group, specifically the opportunities and challenges the firm is facing. Immediately I stumbled upon the following resources.
It is evident that the firm is going forward with its zero-emissions mobility research. The article located here is just one example: Linde Group introduces the fuel cell powered bicycle. It is evident that there is still many opportunities within the chemical industry as every company is searching for a 'cleaner & greener' approach to running a business.
The company is also doing exceptionally well in terms of revenues and earnings: The article is located here: Linde reveals interim report, continued growth in Gases Division amidst increased revenues and earnings
The Linde Group also provides interesting YouTube videos on various topics which are located here: The Linde Group | Video Library
When looking into the chemical sector, in particular the gas industry, I found the following article that I found to be particularly in depth in regards to the Chemical Industry, it can be located here: The Chemical Industry in an on Demand World
This article states that in addition to the normal business threats, industry consolidation, regulatory compliance and globalisation, that it also faces threats via the technological advancements, health, safety & privacy issues and the increasing demand of customers, it results in a volatile market for chemical companies.
Overall it appears that within the industry there is a balance of opportunities and threats to the sector. However, if companies, such as The Linde Group, apply an effective strategy that works towards more environmental friendly products and services, the opportunities will outweigh the threats.
Hope you're all enjoying the term, I most definitely am loving this subject! Look forward to reading about more of your companies.
Thanks for reading,
Mia
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