Air Liquide to Modernize and Lower the Carbon Footprint of Two Oxygen Production Units in Tianjin, China
March 21 2023 - 3:45AM
Business Wire
Regulatory News:
Air Liquide will invest around 60 million euros to revamp two
Air Separation Units (ASUs) the Group operates in the Tianjin
industrial basin, in China. This announcement comes within the
context of the renewal of a long-term industrial gases supply
contract with Tianjin Bohua Yongli Chemical Industry Co., Ltd
(“YLC”), a subsidiary of the Bohua Group. As part of this
modernization plan, Air Liquide will significantly reduce the CO2
emissions linked to the production of oxygen and other gases with
the adaptation of these ASUs so they can run on electrical power
instead of steam. In addition, the Group has signed a three-party
Memorandum of Understanding with YLC and the Tianjin Binhai
District, notably to explore the implementation of Carbon Capture,
Use and Storage (CCUS) solutions.
Replacing the current steam supply of the ASUs by electricity
will avoid the emission of 370,000 tonnes of CO2 per year.
This is comparable to the equivalent electricity-related emissions
of more than one million Chinese households. The two electrified
Air Separation Units will produce oxygen and other air gases to
supply YLC as well as other industrial customers in the Tianjin
basin. They will have a total oxygen production capacity of
~4,000 tons/day. Planned to be operational mid 2024, the two ASUs
will be modernized by Air Liquide Engineering & Construction
without any disruption of supply to YLC and other local
customers.
This project also includes the possible supply of low carbon
energy to the units through Power Purchase Agreements (PPAs)
currently under discussion. This would allow further emission
reductions in the future.
This contract extends Air Liquide’s involvement in the
development of the Tianjin basin, which has spanned more than 20
years, and hosts many major international and local chemical
companies. Air Liquide owns and operates a total of 4 production
sites and a large pipeline system connecting 3 industrial parks
(Lingang, Dagang, Nangang) in the region, supplying industrial
gases to Large Industries, Industrial Merchant and Healthcare
customers.
François Abrial, Member of the Air Liquide Group’s
Executive Committee supervising Asia Pacific, said, “This
contract renewal and new investment further enhance Air Liquide’s
long-term collaboration with Tianjin Bohua Yongli Chemical
Industry. Leveraging our expertise in air gases production, the
project demonstrates our capacity to bring reliable and competitive
solutions for our customers while reducing carbon emissions. In
line with its sustainable development commitment as part of its
strategic plan ADVANCE, Air Liquide is proud to support Tianjin’s
ambitious climate plan.”
Wang Junming, President of Tianjin Bohua Group, stated,
“We are pleased to further strengthen our partnership with Air
Liquide in Tianjin. The new investment will provide a reliable
supply of important raw materials and industrial gases to Yongli
site in Tianjin. In addition, we will realize the synergy to reduce
the carbon footprint of oxygen, nitrogen and other gases, and
support Tianjin climate ambitions.”
Air Liquide China Air
Liquide in China operates more than 120 plants and employs nearly
5,000 employees. With a strong presence in the key coastal
industrial areas, Air Liquide is now expanding into the center,
south and west. Its main business activities include industrial and
medical gas operations, home health service, Engineering &
Construction (designing, manufacturing and installing air
separation units/hydrogen facilities), as well as Innovation
activities.
---
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 73 countries with
approximately 67,100 employees and serves more than 3.9 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 29.9 billion euros
in 2022. 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 and DJSI Europe indexes.
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Corporate Communications media@airliquide.com
Investor Relations IRTeam@airliquide.com
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