To expand presence in French market Air Liquide acquires a 40% stake in the capital of the French company H2V Normandy, a subsidiary of H2V Product. H2V Normandy builds a large-scale electrolyzer complex of up to 200 MW for the production of low-carbon hydrogen in France.
- This strategic investment demonstrates Air Liquides long-term commitment to hydrogen energy and its ambition to be a major player in the supply of renewable and low-carbon hydrogen.
- Located in the industrial zone of Port-Jérôme in Normandy, France, the large-scale electrolyzer project of H2V Normandy aims to supply renewable and low-carbon hydrogen for industrial applications, as well as future heavy mobility applications.
The prominent deals and investments by Air Liquide are mentioned below:
Dec 2020: Air Liquide expands production and distribution capacities in United Kingdom. ASDA a the leading retailers has contracted Air Liquide to install and operate six biomethane (BioNGV) distribution stations to refuel trucks on its sites.
July 2020: The South Africa based leading energy and chemical company Sasol announced that it has signed an agreement for Air Liquide to acquire the biggest oxygen production site in the world located in Secunda in South Africa.
July 2020: Air Liquide announced an investment of $141 million to build the first world-scale Air Separation Unit (ASU) for oxygen production at Port of Moerdijk in the Netherlands. The plant will have a production capacity of 2,200 tons of oxygen per day.
July 2020: Russian steel producer NLMK has announced that it entered into a new long-term partnership with Air Liquide. As per agreement Air Liquide will invest approximately $113 million in the flagship site of NLMK in Lipetsk, Russia.
July 2020: Air Liquide has announced a long-term agreement with United States based Steel Dynamics, Inc. (SDI), one of the largest steel producers and metals recyclers in the coumtry, to supply gaseous oxygen, and nitrogen. As per agreement Air Liquide also supply argon to SDIs new Electric Arc Furnace (EAF) steel mill in Sinton, Texas.
July 2020, Air Liquide announced a joint initiative with the Port of Rotterdam Authority, which aims at enabling 1,000 hydrogen-powered zero-emission trucks on the roads connecting the Netherlands, Belgium, and western Germany by 2025. Several partners representing the whole supply chain, from truck manufacturers such as VDL Groep, Iveco/Nikola to transport companies Vos Logistics, Jongeneel Transport and HN Post, as well as leading fuel cell suppliers have already agreed to join.
April 2020, Air Liquide announced to invest $210 million to build production capacities in the Science Parks of Tainan and Hsinchu, respectively located in the South and the North of Taiwan. Under a long-term commitment with a semiconductor market leader, this investment in new production capacity will allow the Group to supply three high volume semiconductor fabrication plants under construction in Tainan Science Park, as well as some of the worlds most advanced R&D fabs for logic IC chips in Hsinchu Science Park.
November 2019, Air Liquide and Sinopec had signed a memorandum of understanding (MoU), in Beijing, to contribute to the acceleration of the deployment of hydrogen mobility solutions in China.
About Air Liquide
Air Liquide is a world leader in gases, technologies and services for Industry and Health. Air Liquide is present in 80 countries with approximately 65,000 employees and serves more than 3.5 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquides scientific territory and have been at the core of the companys activities since its creation in 1902.