L Air Liquide - AIQUY STOCK NEWS

Air Liquide has announced its share and voting rights declaration for November 2022. The total number of shares stands at 523,422,220, with equivalent voting rights. Excluding treasury shares, the total voting rights are 522,201,758. This marks an increase from October's figures of 523,399,371 shares and 522,180,671 voting rights. Air Liquide continues to drive sustainable growth while focusing on operational excellence and customer-centric strategies. As a leader in gases, technologies, and services, Air Liquide generated over 23 billion euros in revenue in 2021.

Air Liquide has signed an agreement to divest its business in Trinidad and Tobago to Massy Gas Products Holding Ltd. Approximately 30 employees will transition to MGPHL as part of this deal. This divestiture aligns with Air Liquide's strategy to focus on fast-developing areas, especially in Latin America, where it aims to capitalize on opportunities in the clean energy transition, particularly hydrogen. The agreement is pending regulatory approval from the Trinidad & Tobago Fair Trading Commission.

Air Liquide and TotalEnergies have initiated a project to convert TotalEnergies’ Grandpuits site into a biorefinery, focusing on renewable and low-carbon hydrogen production. Air Liquide will invest over 130 million euros to build a hydrogen production unit with a capacity exceeding 20,000 tonnes annually. This project aims to capture more than 110,000 tonnes of CO₂ emissions yearly, contributing to carbon neutrality goals. The hydrogen produced will primarily support sustainable aviation fuel production, aligning with both companies' environmental commitments.

On October 31, 2022, Air Liquide declared its share and voting rights metrics, reporting a total of 523,399,371 shares and 523,399,371 voting rights, including treasury shares. Excluding treasury shares, the voting rights stood at 522,180,671. This marks an increase from September 2022, where the total shares were 523,387,810 and voting rights, excluding treasury shares, were 522,149,436. Air Liquide remains committed to long-term sustainable growth, with revenue exceeding 23 billion euros in 2021.

Air Liquide reported Q3 2022 revenue of €8.247 billion, a significant growth of 41.3% published and 8.3% comparable to Q3 2021. Gas & Services contributed €7.897 billion, driven by strong Electronics and Industrial Merchant performance. The company maintained a robust business model despite high energy prices and inflation, with operational efficiencies of €262 million. Investments totaled €1.1 billion, focusing on Electronics and energy transition. Moody's upgraded Air Liquide's ratings, reflecting strong financial health and operational resilience.

Air Liquide, Chevron (CVX), LyondellBasell (LYB), and Uniper have announced a collaborative study to evaluate the development of a hydrogen and ammonia production facility along the U.S. Gulf Coast. This project aims to support decarbonization efforts and increase clean ammonia exports. The consortium intends to utilize each participant's expertise in various technologies, focusing on producing hydrogen through natural gas with carbon capture and renewable hydrogen via electrolysis. The development could leverage existing Gulf Coast infrastructure for lower carbon energy supplies.

Air Liquide (Paris:AI) has announced a significant investment of approximately 500 million euros for constructing three plants in Taiwan. These plants will supply ultra high purity industrial gases to major semiconductor manufacturers under long-term contracts, enhancing Air Liquide's commitment to the electronics sector. The production capacity will reach up to 2 billion Nm3 annually and is set to start in 2024. This initiative aligns with the company’s ADVANCE strategic plan and strengthens Air Liquide's presence in the region.

As of September 30, 2022, Air Liquide reported a total of 523,387,810 shares and 522,149,436 voting rights excluding treasury shares. The company's August declaration indicated 523,329,697 shares and 521,743,692 voting rights. Air Liquide continues to lead in the gases, technologies, and services sector for industry and health, with significant focus on sustainability, climate change, and energy transition. The company reported over 23 billion euros in revenue for 2021 and is part of major indexes including CAC 40 and FTSE4Good.

Air Liquide has announced the availability of its Pre-Q3 2022 sales communication document, aimed at aiding in financial modeling. The company will publish its Q3 2022 revenue on October 25, 2022. As a leader in gases, technologies, and services across 75 countries, Air Liquide generated over 23 billion euros in revenue in 2021. The company focuses on future-oriented strategies, targeting sustainable development through innovation and technological expertise, particularly emphasizing hydrogen and climate transition solutions.