With an aim to further support its extreme cryogenics business, Air Liquide has taken over a majority stake in Cryoconcept, a firm specialising in dilution refrigeration. With this move, the company will be able to offer its customers with a complete range of products and services across the entire cold chain.
The new Air Separation Unit (ASU) is expected to have an oxygen production capacity of more than 2,000 tonnes per day and will be built in China’s Tianjin Port Free Trade Zone. The plant will enable Air Liquide to strengthen its position in the industrial basin.
Post the agreement signed between Air Liquide and Sasol in July, Air Liquide has now finalised the agreement to acquire Sasol’s oxygen production site in South Africa. The move is expected to reduce the France-based company’s CO2 emissions by 30 %.
The new Air Separation Unit (ASU) is fit to accommodate renewable energy in the grid and will be used to produce 2,200 tonnes of oxygen per day. The unit will also be built with the proprietary solution Alive.
Under the terms of the agreement, Air Liquide will design, build, own, and operate a new Air Separation Unit (ASU) to increase steel production at NLMK’s Lipetsk site in Russia. The new unit is expected to produce 1,000 tonnes of oxygen per day.
Air Liquide has announced that it has closed its divestment of its entities in Czech Republic and Slovakia to Messer. The move is in line with the company’s strategy of focusing its expansion in key regions in order to enhance performance.
Air Liquide has entered into long-term contracts with its large Industrial Merchant customers. Under the agreement, the company will supply on-site industrial gases including nitrogen, oxygen or hydrogen to these customers for at least 10 years.
Air Liquide has renewed its collaboration with US-based firm Solidia Technologies post the success of a pilot phase in which Solidia Concrete, an innovative solution which utilises carbon dioxide to cure concrete, was tested.
The ‘Hygreen Provence’ project will be developed via this deal which aims to produce, store and distribute green hydrogen. The project will make it possible to produce 1,300 GWh of solar electricity and renewable hydrogen on an industrial scale.