PARIS–(BUSINESS WIRE)–Regulatory Information:
Air Liquide (OTC:) (Paris:AI) declares a renewable hydrogen manufacturing venture at La Mède (Provence-Alpes-Côte d’Azur area in France). Within the context of a long-term contract, Air Liquide will cowl the hydrogen wants of TotalEnergie’s biorefinery. This venture will contribute to the emergence of a brand new renewable hydrogen ecosystem within the Fos-sur-Mer space, a serious industrial basin for Air Liquide in France.
Within the framework of a long-term contract, Air Liquide will construct, personal and function a brand new hydrogen manufacturing unit at TotalEnergies (EPA:)’ La Mède website, with a capability of 25,000 tonnes per yr. It is going to allow the manufacturing of renewable hydrogen from recycled biogenic by-products from the TotalEnergies biorefinery, as a substitute of utilizing fossil hydrocarbons as feedstock. The renewable hydrogen produced might be used primarily by the biorefinery for the manufacturing of biofuels and Sustainable Air Fuels (SAF).
This renewable hydrogen manufacturing unit, the most important on La Mède industrial platform, would characterize an funding of over 80 million euros for Air Liquide. Deliberate to be operational in 2028, it should considerably contribute to the decarbonization of the biorefinery, the place TotalEnergies goals to scale back CO2 emissions by round 130,000 tonnes per yr.
This venture represents a brand new stage within the decarbonization of Air Liquide’s hydrogen community manufacturing sources. It is going to assist strengthen the Group’s presence and capability to satisfy present and future wants for decarbonized hydrogen within the Fos-sur-Mer space. Moreover, this venture is consistent with Air Liquide’s dedication to supporting decarbonization initiatives launched by industrial companions domestically. Air Liquide has been current within the area for over 50 years, and already operates three air separation models, a hydrogen manufacturing unit and a hydrogen community. In Fos-sur-Mer, for instance, it operates Europe’s first high-pressure hydrogen station for long-distance vehicles.
Emilie Mouren-Renouard, member of Air Liquide’s Government Committee, notably supervising the Group’s operations in Europe, mentioned: We’re proud to assist TotalEnergies in its venture to decarbonize the La Mède biorefinery, due to our strategic positioning within the Fos-sur-Mer basin. Two years after the announcement of the round economic system venture in Grandpuits, and following on from our memorandum of understanding to provide TotalEnergies’ Gonfreville refinery with renewable hydrogen from the Air Liquide Normand’Hy electrolyzer, we’re persevering with our partnership with TotalEnergies to serve the power transition by the implementation of our decarbonization options.
This venture is consistent with Air Liquide’s technique of providing its clients a variety of decarbonization options, similar to CO2 seize and low-carbon hydrogen, in response to the challenges posed by the local weather emergency. This distinctive positioning and its technological experience make Air Liquide a serious participant within the implementation of hydrogen initiatives to decarbonize industries and develop low-carbon mobility.
About Air Liquide
Air Liquide is a world chief in gases, applied sciences and providers for business and healthcare. Current in 60 nations with 66,300 workers, the Group serves greater than 4 million clients and sufferers. Oxygen, nitrogen and hydrogen are important small molecules for all times, matter and power. They embody Air Liquide’s scientific territory and have been on the core of the Group’s actions since its creation in 1902.
Taking motion right now whereas getting ready the long run is on the coronary heart of Air Liquide’s technique. With ADVANCE, its strategic plan for 2025, Air Liquide is concentrating on a worldwide efficiency, combining monetary and extra-financial dimensions. Positioned on new markets, the Group advantages from main property similar to its enterprise mannequin combining resilience and energy, its capacity to innovate and its technological experience. The Group develops options contributing to local weather and the power transition”notably with hydrogen”and takes motion to progress in areas of healthcare, digital and excessive applied sciences.
Air Liquide’s income amounted to greater than 27.5 billion euros in 2023. Air Liquide is listed on the Euronext (EPA:) Paris inventory alternate (compartment A) and belongs to the , CAC 40 ESG, , FTSE4Good and DJSI Europe indexes.
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