Invitation to our General Meeting 2024

Introduction

DECARBONIZING INDUSTRY

  • > Announcement of the construction of a large-scale CryocapTM CO2 capture unit, which will be installed at the Air Liquide hydrogen production plant located in the port of Rotterdam. This unit will be connected to Porthos, one of the largest carbon capture and storage infrastructures in Europe which aims at reducing emissions from this major industrial area.
  • > Investment of 140 million euros to build and operate an Air Separation Unit (ASU) in Quebec, Canada, to support the growth of the electric vehicle battery sector. This ASU will be powered by renewable electricity.
  • > Investment of around 60 million euros to transform two Air Separation Units (ASU) operated by Air Liquide in the Tianjin industrial area, China, as part of the renewal of a long-term contract with YLC, a subsidiary of the Bohua group. The electrification of these two ASUs will enable CO2 emissions to be reduced by 370,000 metric tonnes each year.
  • > Signature with Holcim of a memorandum of understanding concerning a decarbonization project for the new Holcim cement plant under development in Belgium. Using Air Liquide’s innovative and proprietary CryocapTM technology, this project would enable Holcim to reduce this cement plant’s CO2 emissions by more than 1 million tonne per year.
  • > Decarbonization and reduction of energy consumption: implementation of an innovative solution to support the conversion of the Verallia plant in Pescia, Italy to optimize oxycombustion on the occasion of the construction of a new glass furnace on the site.
  • > Record number of signatures for 62 new small gas production units directly installed on customers’ sites in the industrial merchant and electronics sectors in 2023.

SUSTAINABLE DEVELOPMENT

  • > Announcement by Air Liquide and Sasol of new long-term contracts (PPA) for supplying renewable energy to the Sasol site in Secunda, South Africa. In 2022 and 2023, the two groups announced 580 MW in capacity.
  • > Signature by Air Liquide of its first long-term renewable electricity supply contract (PPA) in China, which gives the Group access to an installed capacity of 200 MW.
  • > Signature with the energy company Vattenfall of a long-term renewable electricity purchase agreement (PPA) in the Benelux for an installed offshore wind capacity of approximately 115 MW.
  • > Inclusion in the Dow Jones Sustainability Europe Index, an index established by S&P Global that assesses the progress of companies in terms of sustainable development.