Shareholder's Guide 2022

At the heart of the future for a more sustainable world

Achieve

01_Hydrogen production unit in Normandy, France

Developing the world’s first low-carbon hydrogen network in Normandy, one of Europe’s largest industrial basins.

Air Liquide is working with TotalEnergies to decarbonize hydrogen production on its petrochemical platform. The Group will take over the existing production plant and supply TotalEnergies with low-carbon hydrogen, and the two companies will also join forces to deploy a CO2 capture and storage solution (CCS). By 2025, an electrolyzer of at least 200 MW will be connected to the existing hydrogen network, making this the world’s first low-carbon hydrogen network. The Group is also collaborating with TotalEnergies, Borealis, Esso and Yara to develop CCS infrastructure.

02_World’s largest oxygen production site, South Africa

Reducing CO2 emissions by 30% to 40% by 2030.

Since June 2021, Air Liquide has been running the 17 Air Separation Units (ASUs) at the oxygen production site owned by Sasol, a South African company specializing in energy and chemicals. It is now the world’s largest oxygen production site. The Group is currently operating the ASUs and is also drawing up plans to modernize the units. The goal is to optimize the units’ production capacity and energy consumption while reducing CO2 emissions arising from oxygen production by 30% to 40%.