Decarbonization: Air Liquide Selected to Invest up to 850 MUSD in Largest Low-carbon Oxygen Production in the Americas
Air Liquide (Paris:AI) plans to invest up to
Triggered by ExxonMobil’s enormous need for oxygen at their low-carbon hydrogen project in
- a record volume of 9,000 metric tons per day of oxygen for the production of low-carbon hydrogen
- and up to 6,500 metric tons per day of nitrogen to support the synthesis of low-carbon hydrogen into low-carbon ammoniaas a source of low-carbon energy for the export market.
The agreement also enables leveraging on Air Liquide’s existing pipeline infrastructure to foster the development of low-carbon hydrogen.
In addition, thanks to large volumes, the LMA units will also produce high amounts of argon, as well as krypton and xenon, enabling the Group to strengthen its offering to customers in the rare gases market.
These LMA plants provide a step-change both in terms of production output and energy consumption optimization, as they use 25% less electricity to make each tonne of oxygen. In addition, these LMA plants are planned to be primarily powered by renewable and low-carbon electricity, further reducing the carbon footprint of the project.
The investment decision for Air Liquide’s Baytown Low Carbon Platform will be linked to the development of ExxonMobil’s low-carbon hydrogen project which is subject to supportive government policy, necessary regulatory permits and market conditions. ExxonMobil’s project is expected to capture and permanently store 7 million tons of CO2 per year.
Air Liquide is a market leader in the production of air gases in the
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Air Liquide is a world leader in gases, technologies and services for industry and healthcare. Present in 72 countries with 67,800 employees, the Group serves more than 4 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 Group’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
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Source: Air Liquide