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Imerys S.A. is a French multinational company specializing in the production and processing of industrial minerals. It operates primarily across several segments, including performance minerals, refractory, abrasives, and construction. The company supplies a wide range of mineral-based products that serve diverse industries, such as automotive, consumer goods, and construction. Founded in 1880 and headquartered in Paris, France, Imerys has a significant global presence, with operations in over 40 countries. The company is strategically positioned with a diversified portfolio and extensive expertise in mineral applications, which enables it to cater to various industries with customized solutions. This diverse operational scope and technological capabilities form the core of its competitive strengths.

Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $34 billion in revenue in 2025.