Air Liquide Signed a Record 52 New Contracts for the On-site Production of Gases for Its Industrial Merchant Business Line In 2022
January 26 2023 - 1:45AM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) signed 52 new long-term on-site
contracts for its Industrial Merchant business line in 2022, after
a record number of 48 new contracts in 2021 and continuous progress
for more than five years. On-site production solutions represent a
competitive and environmentally friendly solution for customers
requiring a local and reliable gas supply. They contribute to the
resilience of the Industrial Merchant business line and more
generally to the objectives of the Group’s strategic plan ADVANCE,
which inseparably links financial and extra-financial
performance.
The 52 new contracts signed in 2022 will serve our customers in
nitrogen, oxygen or hydrogen especially in the glass, metals, water
and waste treatment as well as secondary electronics growing
markets. In 2022, the Group also launched a new generation of
on-site oxygen production units, whose breakthrough technology is
10% more energy-efficient than the previous generation. The number
of long-term on-site based contracts signed each year by Air
Liquide has doubled between 2015 and 2022.
Based on proprietary technologies and engineered by the Group,
these on-site gas production units are installed, operated and
maintained directly at customer sites. This means that gases are
not liquefied for transport and the number of trucks and kilometers
driven to deliver to customers are reduced, which in turn saves
energy and reduces CO2 emissions. Signed for typical durations of
10 to 15 years, on-site contracts contribute to the stability of
the Industrial Merchant sales over the long-term.
Matthieu Giard, Vice President and Executive Committee
Member of the Air Liquide Group, supervising the Industrial
Merchant business line, said: “On-site gas production solutions
ensure our customers a local and reliable supply of small essential
molecules such as nitrogen, oxygen and hydrogen. They are
increasingly successful, especially for markets facing the world
challenges of energy transition and digitalization. Air Liquide is
constantly innovating to make them ever more competitive, energy
efficient and environmentally friendly. They contribute to the
implementation of the Group’s ADVANCE strategy, which inseparably
links financial performance and sustainable development.”
Air Liquide’s Industrial Merchant
Business Line Air Liquide’s Industrial Merchant Business
Line delivers industrial gases and innovative solutions, including
application technologies, equipment and services. From independent
professionals to large industrial companies, our 33 000 employees
serve over 2 million customers daily across 62 countries. In 2021,
revenues were € 9,487 million.
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 75 countries with
approximately 66,400 employees and serves more than 3.8 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 23 billion euros in
2021. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50 and FTSE4Good indexes.
www.airliquide.com Follow us on Twitter
@airliquidegroup
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