Interactions - June 2022

Achievements : Accelerating industry decarbonization

Our achievements over the past six months

Europe

ACCELERATING INDUSTRY DECARBONIZATION

In Europe, Air Liquide is multiplying its projects to speed up the decarbonization of industry. Let’s take a closer look at three examples that showcase the Group’s expertise in renewable hydrogen and carbon management.

NORMAND’HY, THE WORLD’S FIRST LOW-CARBON HYDROGEN NETWORK

With the support of the French Government, Air Liquide has launched Normand’Hy, a project to produce renewable hydrogen on a large scale by water electrolysis. Thanks to its 200 MW electrolyzer, the project will significantly contribute to the creation of a European hydrogen sector, the decarbonization of the Normandy industrial basin and the development of hydrogen‑fueled heavy‑duty vehicles.

TRANSPORTING CO2 BY SEA

Air Liquide and Sogestran have signed an agreement to set up a shipping solutions joint venture. Dedicated to the transportation, by boat and barge, of large volumes of liquid CO2, the venture will service future carbon capture and storage (CCS) projects in Europe. Through this initiative, the Group is bolstering its position in CSS technologies, which are essential tools for industrial decarbonization.

DECARBONIZING HEAVY INDUSTRY IN THE MEDITERRANEAN BASIN

As part of an agreement signed in March, Air Liquide and Eni will work together to look into solutions for reducing CO2 emissions within the industries in the Mediterranean basin that are hardest to decarbonize. The two companies will share their expertise in CCS to come up with the most suitable solutions.

Japan

CRUCIAL INVESTMENTS IN ELECTRONICS

Air Liquide is investing in four cutting‑edge plants in key industrial basins for electronics in Japan. These energy‑efficient production plants will have the capacity to produce over 1.5 billion normal cubic meters (Nm3) per year of nitrogen and other ultra‑high purity gases, which are essential for designing energy‑efficient semiconductors. The first production plant is expected to be operational by the end of 2022. The Group will thus be well positioned to meet the strong demand created by the long-term contracts signed with two world leaders in the sector.

More than €300M in staggered incestments