Air liquide Q1 Report 2024

Highlights

Corporate

• Project to divest Air Liquide’s businesses in 12 countries in Africa. Annual sales in these countries represent less than 10% of the Group’s revenue in Africa.

Electronics

• Announcement of an investment of more than 50 million euros to build a new innovative production unit in Singapore and to transform existing facilities located in Malta (New York, United States), in order to supply ultra-pure nitrogen to GlobalFoundries. These projects will enable GlobalFoundries to benefit from greater energy efficiency.

Sustainable development

• Announcement by Air Liquide and Sasol of long-term contracts (PPA) with Enel Green Power RSA for a total capacity of 110 MW of renewable electricity for the Sasol site in Secunda, South Africa.
• Continued expansion of Air Liquide’s biomethane production capacities in the United States, with the construction of two production units in line with a circular economy approach.

Hydrogen

• Announcement by Air Liquide and TotalEnergies of the launch of the TEAL Mobility joint venture to create the leader in hydrogen distribution with a network of 100 truck stations in Europe.
• As the Paris 2024 Olympic and Paralympic Games approach, reopening ceremony for the Air Liquide hydrogen refueling station on Place de l’Alma, Paris.

Decarbonizing industry

• As part of the renewal of a long-term agreement with Dow, investment of nearly 40 million euros to increase efficiency and reduce the CO2 emissions of the Air Liquide industrial gas production site in Stade, Germany.