Air Liquide Establishes New Low-carbon Gas Production Platform in Québec's New Energy Transition Valley
October 24 2023 - 11:45AM
Business Wire
Regulatory News:
Through an investment of more than 140 million euros (more
than 200 million Canadian dollars), Air Liquide (Paris:AI)
announces that it will establish in Bécancour, Québec (Canada), a
breakthrough platform supplying low-carbon industrial gases
including hydrogen, oxygen, nitrogen and argon. In addition to the
Group’s 20 MW PEM electrolyzer, currently the world’s largest in
operation, the infrastructure created by Air Liquide will include a
new air separation unit producing renewable oxygen and nitrogen, as
well as liquid storage capacity, connected by a local pipeline
network to best serve its customers. This Air Liquide low-carbon
production platform, in line with the industrial and port zone's
drive to decarbonize, makes Bécancour a unique place for the Group
to produce renewable industrial gases and develop offers for
customers engaged in the energy transition.
Air Liquide will build, own and operate a production and
distribution infrastructure, including a new air separation unit
(ASU) producing oxygen, nitrogen and argon; as well as a liquid
storage capacity. The new ASU will be powered by renewable
energy from hydropower sources, in line with Air Liquide's
ADVANCE plan to reduce its CO2 emissions by 33% by 2035. Adding a
total oxygen production capacity of 850 tonnes per day, the new
infrastructure will primarily supply customers manufacturing
battery components for electric vehicles via long term contracts
and should be operational in 2025.
The project will also connect its Bécancour PEM electrolyzer,
enabling the recovery and valorization of renewable oxygen from the
hydrogen production. Leveraging its production platform in the
Bécancour port and industrial park, the Group will be able to offer
a sustainable, reliable and competitive solution to its customers
today and to meet additional market demand tomorrow.
As part of Québec's development as an energy transition
hub, this new investment will support growth in the electric
vehicle battery sector, contributing to the decarbonization of
mobility. It will initially supply battery component manufacturers,
including Ecopro CAM Canada (EcoProBM + Ford + SKO), and will have
the capacity to supply others in the Bécancour area as well as bulk
clients in Eastern Canada.
Matthieu Giard, Chief Executive Officer of the Americas
Hub, comments: “Québec stands at the forefront of the energy
transition, actively fostering a thriving industrial ecosystem
centered on battery components, hydrogen and renewable energy. The
electric vehicle battery market is a rapidly expanding frontier,
giving rise to a landscape of opportunities and the emergence of
ecosystems dedicated to its support and advancement. The region
boasts a wealth of valuable assets, including its hydro power
resources, a skilled workforce, and a dynamic innovation ecosystem.
Operating in Bécancour for more than 35 years, we are delighted to
be able to support the development of a growing industry with a
reliable and competitive low-carbon offer.”
Air Liquide in
Canada
Air Liquide started its activity in Canada
in 1911 and now has a team of more than 2,400 employees working to
serve more than
200,000 customers and patients across
Canada. In all of the country’s key industrial regions from coast
to coast, Air Liquide offers
innovative solutions — gas, equipment and
services — in a wide variety of sectors: aeronautics, automotive,
agri-food industries,
chemical, metallurgy, metal fabrication,
mining, oil and gas and healthcare.
-----------------------
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.
www.airliquide.com Follow us on Twitter
@airliquidegroup
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