Air Liquide Paves the Way for Ammonia Conversion Into Hydrogen With New Cracking Technology
March 23 2023 - 3:45AM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) announces the construction of an
industrial scale ammonia (NH3) cracking pilot plant in the port of
Antwerp, Belgium. When transformed into ammonia, hydrogen can be
easily transported over long distances. Using innovative
technology, this plant will make it possible to convert, with an
optimized carbon footprint, ammonia into hydrogen (H2). With this
cracking technology, Air Liquide will further contribute to the
development of hydrogen as a key enabler of the energy
transition.
Ammonia - a molecule made of hydrogen and nitrogen - can be used
as an energy carrier. It can be produced with a low-carbon
footprint from hydrogen in geographies with abundant renewable
energy sources such as sun, water and wind, or other low-carbon
power. A global supply chain infrastructure is already in place for
its production, transportation and utilization at large scale to
serve various industries. This allows regions with abundant
renewable energy to export ammonia to end users across the globe,
where it can be converted back to hydrogen to contribute to the
decarbonization of industry and mobility.
The innovative pilot plant, which combines a novel efficient
process with Air Liquide’s proprietary technologies, is planned to
be operational in 2024. The Flemish Government, through the VLAIO
(Flemish Agency for Innovation and Entrepreneurship), has confirmed
a financial support to the project.
For over 60 years, Air Liquide has mastered hydrogen from
production, transport, storage and distribution to its final
usages. Within the context of its ADVANCE strategic plan, the Group
is committed to investing globally approximately 8 billion euros in
the low-carbon hydrogen value chain by 2035.
Michael J. Graff, Executive Vice President, Air Liquide
Group, said: “Ammonia cracking complements Air Liquide’s already
thorough portfolio of hydrogen technologies and adds yet another
technological solution to enable the development of a hydrogen
global market. More than ever, the Group is committed to making
hydrogen a key element of the fight against climate change, in
particular for the decarbonization of heavy industry and
mobility.”
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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, FTSE4Good and DJSI Europe indexes.
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Corporate Communications media@airliquide.com
Investor Relations IRTeam@airliquide.com
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