Annual Report 2023

Capturing CO2, an essential solution for decarbonizing industry

Capturing CO2, an essential solution for decarbonizing industry

Vision

More than 20% of the world’s CO2 emissions come from industry. Today, the challenge is to rapidly deploy concrete solutions that will significantly reduce these emissions. Among the technologies already available, carbon capture and sequestration (CCS) is a key solution for decarbonizing the industries with the highest emissions and those most difficult to decarbonize, such as cement, metallurgy, refining, and chemicals. These are also the sectors where this technology will have the greatest impact, as CO2 concentrations are the highest. The principle consists in capturing CO2 emissions at the source, treating and purifying them, and then recycling or sequestering them in permanent geological storage.

Large-scale CCS projects are being developed around the world, particularly in Europe and the United States, which together account for over 70% of global projects. Air Liquide is one of the leaders in this field, with its proprietary Cryocap™ technology, which captures, purifies, and liquefies CO2 before it is transported to the sequestration site.

12 CCS projects in which Air Liquide is involved in Europe

Action

Air Liquide is involved in a number of largescale CCS projects, particularly in Europe.

In the Netherlands, where the government has set the ambitious target of reducing the country’s greenhouse gas emissions by 95% by 2050, the Group is involved in the Porthos project, the Netherlands’ largest CO2 emissions reduction program. For Air Liquide, it consists in decarbonizing its own facilities by installing a Cryocap™ unit at its hydrogen production site in Rozenburg, near Rotterdam. The project also includes the construction of a pipeline which, from 2026, will transport the CO2 emitted by several local plants through the port of Rotterdam to the North Sea, 20 km off the coast, where it will be sequestered at a depth of 3,000 meters in a depleted natural gas field.

In all, the Porthos project will contribute to reducing the emissions by 2.5 million tonnes of CO2 per year, which represents about 10% of the CO2 emitted by industrial activities in Rotterdam.