Air Liquide Full-Year Report 2023

Highlights

• Corporate
• Air Liquide, Official Supporter in hydrogen of the Paris 2024 Olympic and Paralympic Games to contribute to reducing the event’s carbon emissions. The Group will supply hydrogen from renewable sources to power some of the vehicles in the official fleet of Paris 2024 and will contribute to the acceleration of the development of long-lasting infrastructures for hydrogen mobility (taxi fleets, refueling stations).
• Early bond redemption, for a total of 382 million US dollars, at the end of a Tender Offer process for two series of US dollar bonds maturing in 2026 for the first and 2046 for the second.
• Asset portfolio management
• Divestiture of Air Liquide’s 19% stake in Hydrogenics Corporation to Cummins, which owns the remaining 81% of the company.
• Signing of an agreement with Safran Aerosystems for the sale of Air Liquide’s oxygen and nitrogen aeronautical technology businesses, excluding marine-related cryogenic businesses.
• Realization of the Trinidad and Tobago business divestiture to Massy Gas Products Holding Ltd.
• Healthcare
• Business transformation project for Home Healthcare in France to align it with the needs and expectations of patients and healthcare professionals and adapt its business model to meet the challenges of the country’s health system.
• Electronics
• Announcement of an investment of close to 200 million US dollars in two new advanced material production centers in Taiwan and South Korea.