Interactions - November 2021

Our achievements over the past six months

Our achievements over the past 
six months

Development

CHINA, A DYNAMIC MARKET FOR THE GROUP

After celebrating a presence of 30 years in China, Air Liquide is continuing its growth in key sectors of the economy. Three new projects are underway, allowing the Group to leverage its expertise and sense of innovation for the benefit of its customers and partners.

HYDROGEN MOBILITY: Air Liquide technology was chosen for the world’s largest hydrogen station in Beijing. With a capacity of nearly 5 tons per day, it can supply 600 hydrogen vehicles every day, a feat made possible by the eight dispenser units installed by the Group.

ELECTRONICS: Air Liquide will invest 70 million euros in a state-of-the-art plant in Wuhan that will produce ultra-high-purity gas to supply a leading manufacturer of flash memory chips.

LOW-CARBON INDUSTRY: In July 2021, the Group announced that it will construct and operate an ultra-modern low-carbon ASU (Air Separation Unit) in Zhangjiagang City, Jiangsu Province. The new ASU will produce 3,800 tons of oxygen per day for one of the world’s leading steel companies, Jiangsu Shagang Group. It will also produce krypton and xenon to meet the growing demand of the local electronics industry.

Funding

A GLOBAL FUND DEDICATED TO LOW-CARBON HYDROGEN

Air Liquide, TotalEnergies and VINCI are joining forces with other international industry stakeholders to create the world’s largest fund dedicated to the development of clean hydrogen infrastructure solutions. Firmly convinced that this molecule will play a key role in the energy transition, the three partners have committed to contributing €100 million each. The new fund will invest in large-scale strategic projects throughout the entire renewable and low-carbon hydrogen value chain in Europe, the Americas and Asia. Aim: to accelerate the growth of the hydrogen ecosystem. 

COMMITMENTS OF 
€800 M

ALREADY SECURED TOWARD 

A GOAL OF €1.5 BILLION