Air Liquide Launches Biomethane Activity in Italy With Two New Production Units
November 19 2020 - 2:45AM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) has announced the construction of its
first two biomethane production units in collaboration with its
local partner Dentro il Sole (DIS). These two units will be built
in Truccazzano (Milan) and Fontanella (Bergamo) in Italy, recycling
organic material from agricultural and livestock activities to
convert it into biomethane, a renewable energy source. These
investments to support the circular economy are in line with Air
Liquide's Climate Objectives, and contribute to the development of
a low carbon society.
The two new production units, whose entry into operation is
scheduled for the second quarter of 2021, will allow to valorise
agricultural and livestock waste from local farms for the
production of liquefied biomethane and will have a total
production capacity of 3,200 t/y, equivalent to about 50
GWh/y. From a circular economy perspective, the two units will
also be complemented by one filling station for the supply of
bio-Liquified Natural Gas (bio-LNG) and bio-Compressed Natural Gas
(bio-CNG) to local transport companies. Open 24 hours a day, 7
days a week, the station will be able to refuel up to 100 trucks
per day. Air Liquide and DIS partnered with local
agricultural operators to produce biomethane for the transport
sector.
Air Liquide has developed skills along the entire value chain
of biomethane: production from organic and agricultural waste,
purification, liquefaction, storage, transport and distribution.
Air Liquide today has more than 80 stations distributing bio-NGV
across Europe and 20 biomethane production units worldwide.
Emilie Mouren-Renouard, Member of the Air Liquide
Executive Committee, in charge of Innovation, Digital & IT,
Intellectual Property and Global Markets & Technologies World
Business Unit, said: "These new investments illustrate
our ability to support road transport customers by offering
efficient solutions that enable them to lower their carbon
footprint. With these two new production units in Italy, Air
Liquide continues to develop its biomethane activity in Europe. In
line with its Climate Objectives, Air Liquide is taking actions
with ecosystems to meet the challenges of the energy
transition."
Biomethane is produced from waste treatment
(agricultural, domestic and industrial) thanks to the biogas
purification technology based on the use of patented polymer
membranes produced by Air Liquide. Used as fuel in vehicles,
natural biogas or biomethane is also called bio-NGV (Natural Gas
for Vehicles). Bio-NGV, as well as hydrogen, represents a
clean solution for transportation. Air Liquide is present at every
step of the biomethane value chain and supports the circular
economy: from waste to mobility. The Group’s global biomethane
production capacity amounts to 1.3 TWh.
Global Markets & Technologies
(GM&T) The GM&T World Business Unit delivers
technological solutions - molecules, equipment and services - to
support the rising markets of energy transition including
biomethane, hydrogen energy, maritime transport and energy
solutions and, of Deep Tech, including space exploration, aerospace
and big science, in order to drive Air Liquide sustainable growth.
GM&T employs 2,000 people worldwide, and in 2019 generated a
turnover of 552 million euros.
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 80 countries with
approximately 67,000 employees and serves more than 3.7 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.
Air Liquide’s ambition is to be a leader in its industry,
deliver long term performance and contribute to sustainability. The
company’s customer-centric transformation strategy aims at
profitable, regular and responsible growth over the long term. It
relies on operational excellence, selective investments, open
innovation and a network organization implemented by the Group
worldwide. Through the commitment and inventiveness of its people,
Air Liquide leverages energy and environment transition, changes in
healthcare and digitization, and delivers greater value to all its
stakeholders.
Air Liquide’s revenue amounted to 22 billion euros in 2019 and
its solutions that protect life and the environment represented
more than 40% of sales. Air Liquide is listed on the Euronext Paris
stock exchange (compartment A) and belongs to the CAC 40, EURO
STOXX 50 and FTSE4Good indexes.
www.airliquide.com Follow us on Twitter
@airliquidegroup
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201118006055/en/
Corporate Communications media@airliquide.com
GM&T Communications agnes.renard@airliquide.com
Investor Relations IRTeam@airliquide.com
Air Liquide (EU:AI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Air Liquide (EU:AI)
Historical Stock Chart
From Apr 2023 to Apr 2024