At the beginning of 2020, Air Liquide renewed its partnership with Solidia Technologies, a U.S. start‑up that develops solutions to reduce the environmental footprint of precast concrete.
The aim of this partnership? To use CO2 as part of the concrete manufacturing process in order to reduce its carbon footprint by 70% compared with traditional concrete.
This collaboration positions the Group as Solidia Technologies’ preferred supplier of CO2 and injection equipment. This development is in line with the Group’s Climate objectives. It illustrates the work that the Group is carrying out with customers and innovation ecosystems toward the development of a sustainable industry.
This partnership, which follows a pilot phase initiated in 2016, represents a springboard for developing innovative products, entering new markets and offering sustainable solutions for the global concrete market.
In April 2020, Air Liquide issued €1 billion in bonds. This operation allowed refinancing its June 2020 bond maturities in advance. It will also allow to secure financing its long-term profitable growth. The success of the bond issuance, which was oversubscribed (investors demand was 18 times greater than the supply), demonstrates that the resilience of Air Liquide’s diversified business model is well understood by the markets, especially in these uncertain and troubled times.
€1 bn
IN BONDS