L Air Liquide - AIQUY STOCK NEWS

Air Liquide and TotalEnergies have established a joint venture to develop a network of hydrogen stations for heavy-duty vehicles across Europe. The initiative aims to deploy over 100 hydrogen stations along major roads in France, Benelux, and Germany. This joint effort will enhance hydrogen access, supporting the decarbonization of road transport. Air Liquide will leverage its hydrogen technology expertise, while TotalEnergies will manage station networks. The venture is set to be finalized in 2023, pending regulatory approvals. This collaboration emphasizes both companies' commitment to promoting hydrogen as a sustainable energy solution.

Air Liquide signed 52 new long-term on-site gas contracts in 2022, surpassing the 48 contracts secured in 2021. This marks a continuous upward trend over five years, enhancing the Industrial Merchant business line and supporting the ADVANCE strategic plan. The new contracts target key sectors such as glass, metals, and waste treatment. Moreover, Air Liquide introduced a new generation of energy-efficient oxygen production units, improving efficiency by 10%. With revenues exceeding €23 billion in 2021, Air Liquide operates globally, serving over 3.8 million customers.

Air Liquide and Sasol have entered into two Power Purchase Agreements (PPAs) with Enel Green Power to supply 220 MW of renewable energy to Sasol's Secunda site in South Africa. This initiative is part of a larger plan launched in April 2021 to procure a total of 900 MW of renewable energy, aiming for a 30% to 40% reduction in CO₂ emissions by 2031. The projects are expected to start operating in 2025, pending regulatory approval. Air Liquide plans to enhance its sustainability efforts and contribute to the local economy, aligning with its strategic plan to achieve carbon neutrality by 2050.

On December 31, 2022, under the liquidity contract with EXANE BNP PARIBAS, Air Liquide reported holding 10,500 shares and €16,023,294. In H2 2022, it executed 370,856 purchases totaling €47,594,007 and 379,060 sales amounting to €48,895,354. As of June 30, 2022, holdings were 17,405 shares with €14,881,418. The company generated over €23 billion in revenue in 2021, underlining its position as a global leader in gases and services for industry and healthcare.

Air Liquide is advancing its decarbonization strategy by utilizing its innovative Autothermal Reforming (ATR) technology for the production of low-carbon hydrogen and ammonia. The company has been chosen to provide ATR technology for Japan's first demonstration project, owned by INPEX CORPORATION. This project aims to integrate low-carbon hydrogen and ammonia production with carbon capture, achieving up to 99% efficiency. Air Liquide is committed to supporting industries' transition towards sustainable practices as part of its strategy to enhance global performance.

Air Liquide has announced the availability of its Pre-Full Year 2022 Results Communication document on its corporate website to support financial modeling. The company will publish its Full Year 2022 results on February 16, 2023. With over 23 billion euros in revenue for 2021, Air Liquide is a global leader in gases, technologies, and services, operating in 75 countries and serving over 3.8 million customers. The company's strategic plan, ADVANCE, targets growth in various sectors, including healthcare and energy transition, emphasizing its strong business model and innovation capabilities.

Air Liquide announces the Dutch State's backing for its renewable hydrogen projects, ELYgator and CurtHyl, under the IPCEI Hy2Use program. Each electrolyzer will have a capacity of 200 MW, producing 30,000 tonnes of renewable hydrogen annually, avoiding over 5 million tonnes of CO₂ emissions. The projects will enhance low-carbon hydrogen supply for industrial and mobility markets and support climate goals. A grant award marks progress towards investment decisions, pending regulatory approvals.

Air Liquide (Paris:AI) has secured a long-term contract with Kumho Mitsui Chemical (KMCI) to supply additional hydrogen and carbon monoxide at Yeosu National Industrial Complex, South Korea. This agreement supports KMCI’s 50% expansion in methyl diphenyl diisocyanate (MDI) production, increasing output by 200,000 tons annually, with operations starting in 2024. This partnership builds on a 20-year relationship and leverages Air Liquide's advanced production facilities, enhancing operational efficiency and safety.