Air Liquide

{{Short description|French industrial gas producer}}

{{About|the multinational industrial gas company|the electronic band|Air Liquide (band)}}

{{Undisclosed paid|date=May 2020}}

{{Infobox company|

| name = Air Liquide S.A.

| logo = AIR_LIQUIDE_2017.svg

| logo_size = 250px

| image = 250px

| image_caption = Air Liquide headquarters in Paris

| type = Société Anonyme

| traded_as = {{EuronextParis|AI|FR0000120073|XPAR}}
CAC 40 component

| foundation = {{start date and age|1902}}

| location = Quai d'Orsay, 7th arrondissement, Paris, France

| key_people = Benoît Potier
(Chairman), François Jackow (CEO)

| industry = Chemicals, Health care, Engineering

| products = Industrial gases, fine chemicals

| revenue = {{decrease}} {{€|27.05 billion|link=yes}} (2024){{cite web |title=2024: Building on record margin improvement and major commercial successes fueling future growth, Air Liquide is once again raising its margin ambition |url=https://www.airliquide.com/sites/airliquide.com/files/2025-02/air-liquide-pr-fy-2024-building-on-record-margin-improvement-and-major-commercial-successes-fueling-future-growth-air-liquide-is-once-again-raising-its-margin-ambition.pdf|website=Air Liquide |date=21 February 2025}}

| operating_income = {{increase}} €5.39 billion (2024)

| net_income = {{increase}} €3.30 billion (2024)

| assets = {{increase}} €51.86 billion (2024)

| equity = {{increase}} €27.62 billion (2024)

| num_employees = 67,800 (2023)

| homepage = {{URL|https://www.airliquide.com/}}

}}

File:Air Liquide12.jpg

Air Liquide S.A. ({{IPAc-en|ˌ|ɛər|_|l|ᵻ|ˈ|k|iː|d}} {{respell|AIR|_|lih|KEED}}, {{IPA|fr|ɛːʁ likid|lang}}; literally "liquid air") is a French multinational company which supplies industrial gases and services to various industries including medical, chemical and electronic manufacturers. Founded in 1902, after Linde it is the second largest supplier of industrial gases by revenues and has operations in over 70 countries.{{cite news| title=Der neue Linde-Konzern lässt den bisherigen Marktführer hinter sich| url=https://www.handelsblatt.com/unternehmen/industrie/linde-und-praxair-der-neue-linde-konzern-laesst-den-bisherigen-marktfuehrer-hinter-sich/24055964.html| trans-title=The new Linde Group leaves the previous market leader behind| first=Axel| last=Höpner| date=1 March 2019| newspaper=Handelsblatt| location=Düsseldorf| language=de| access-date=10 December 2021}}{{cite web| url=https://www.airliquide.com/group| title=Group| date=28 November 2017| website=Air Liquide| access-date=31 January 2019}} It has headquarters at the 7th arrondissement of Paris.{{cite web| url=https://www.airliquide.com/legal-notice| title=Legal notice| date=22 April 2015| website=Air Liquide| access-date=31 January 2019}} Air Liquide owned the patent for Aqua-Lung until it expired.

Air Liquide's headquarters are in Paris. It also has major sites in Japan, Houston, Newark, Delaware, Frankfurt, Shanghai and Dubai. The company's research and development (R&D) targets the creation of industrial gases, and gases that are used in products such as healthcare items, electronic chips, foods, and chemicals. The major R&D groups within Air Liquide focus on analysis, bioresources (foods and chemicals), combustion, membranes, modeling, and the production of hydrogen (H2) gas.

History

= 1900–1930: Creation and introduction to the Paris Stock Exchange =

On May 25, 1902, and after two years of research, Georges Claude developed a process for liquefying air in order to separate the components (oxygen, nitrogen, argon). On November 8, 1902, Paul Delorme gathered twenty-four subscribers, mainly engineers, to financially support the project,{{Cite journal|date=4 September 2012|title= Air liquide chouchoute ses actionnaires |journal=Le Monde}} and became the first president of "Air liquide, a company for the study and exploitation of Georges Claude processes". The company originally had a capital of 100,000 francs.{{citation needed|date=January 2022}}

In 1906, Air Liquide began operations in Belgium and Italy, followed by Canada, Japan and Hong Kong. On February 20, 1913, the company was listed on the Paris Stock Exchange.

= 1930–1950: International development and innovations =

In 1938, Air Liquide acquired La oxígena S.A.and started its activities in Argentina. In 1943, under the aegis of engineer Émile Gagnan (an employee of Air Liquide) and Lieutenant-Commander (ship-of-the-Line Lieutenant) Jacques-Yves Cousteau, Air Liquide manufactured scuba set prototypes that Cousteau and Frédéric Dumas used to shoot the underwater film Épaves (Shipwrecks), directed by Cousteau the same year. They were the first modern diving regulators.{{citation needed|date=January 2022}}

In 1945, after the Second World War, Jean Delorme, the son of Paul Delorme and the second President of the Group, wanted to renovate and develop industrial tools. In 1946, Air Liquide founded La Spirotechnique, a design and marketing company for regulators and other diving equipment. The same year, La Spirotechnique launched the CG45, the first modern diving regulator to be marketed. This marked the beginning of the popularization of scuba diving.

= 1950s: Large industries and Space research activities =

In 1957, Air Liquide began its activity in the large industry and created networks of pipelines irrigating several large industrial basins in the world.

In the 1960s, the company acquired American Cryogenics, as well as several other American companies.{{Cite web|url=https://www.leaders-llc.com/sites/default/files/IndustryShapers.pdf|title=Mergers & Acquisitions in the US Industrial Gas Business|last=Anania|first=Peter V.|date=November 2006}}

In 1962, Air Liquide launched its activities into the space industry.{{Cite web|date=2012-09-26|title=Air Liquide Worried Ariane 6 Could Leave Cryogens Out in the Cold|url=https://spacenews.com/air-liquide-worried-ariane-6-could-leave-cryogens-out-in-the-cold/|access-date=2021-06-07|website=SpaceNews|language=en-US}}

In 1970, the company inaugurates the Claude-Delorme Research & Development Center, located in Les Loges-en-Josas (Yvelines) where over 250 researchers work in 35 laboratories, covering various research areas such as applied mathematics, clinical trials and process engineering. In March 2014, the group announced its intentions to expand and modernize the center.{{Cite web|url=http://bourse.lefigaro.fr/indices-actions/actu-conseils/air-liquide-va-investir-100-millions-dans-la-r-d-en-france-1009663|title=Air Liquide va investir 100 millions dans la R & D en France|website=bourse.lefigaro.fr|url-status=dead|archive-url=https://web.archive.org/web/20190403231412/http://bourse.lefigaro.fr/indices-actions/actu-conseils/air-liquide-va-investir-100-millions-dans-la-r-d-en-france-1009663|archive-date=2019-04-03}}

In 1986, Air Liquide expanded into the United States with the acquisition of Big Three for $1.05 billion, a US-based company with operations in many countries across Europe and Asia.{{cite news| last=Hayes| first=Thomas C.| date=13 August 1986| title=French Buyer For U.S. Gas Producer| url=http://www.nytimes.com/1986/08/13/business/french-buyer-for-us-gas-producer.html| newspaper=The New York Times| url-access=subscription}}{{cite news| date=13 August 1986| title=French Firm to Buy Big Three Industries: L'Air Liquide Agrees to Pay $1.05 Billion for Industrial Gas Company| url=https://www.latimes.com/archives/la-xpm-1986-08-13-fi-17894-story.html| newspaper=Los Angeles Times| agency=Associated Press}} That same year, it acquired SEPPIC, a French specialty chemicals company, as part of its activities in the healthcare sector.{{cite news| last=Houzelle| first=Chantal| date=2013| title=Pourquoi Air Liquide a acquis BiotechMarine| url=https://www.lesechos.fr/10/01/2013/LesEchos/21351-128-ECH_pourquoi-air-liquide-a-acquis-biotechmarine.htm| journal=Les Echos| location=Paris}}

= 1990–2010: Creation of Air Liquide Healthcare and acquisition strategy in the health sector =

In 1995, Air Liquide created Air Liquide Healthcare, a structure fully dedicated to the medical sector and specializing in the supply of medical gases, material and services for hospitals, and patient homes,

In 1996, Air Liquide acquired the German company Schülke & Mayr.

Since the 2000 decade, Air Liquide increased significantly its investments in hydrogen production plants, with an increase by more than 50% between 2005 and 2008, making it one of the major segment of its offer.[http://www.euronext.com/trader/companynews/companyNews-2495-FR-FR0000120073.html?selectedMep=1&docid=96462 "Air Liquide signs letter of intent with ConocoPhillips to construct new hydrogen unit in the San Francisco Bay Area"] {{webarchive|url=https://web.archive.org/web/20110616040555/http://www.euronext.com/trader/companynews/companyNews-2495-FR-FR0000120073.html?selectedMep=1&docid=96462|date=2011-06-16}}, Euronext. January 30, 2006. Accessed May 16, 2008.

In 2001, Suez-Lyonnaise des Eaux unsuccessfully attempted to acquire Air Liquide.{{cite journal| last=Cori| first=Nicolas| date=March 10, 2001| title=Suez-Air Liquide: il n'y aura pas d'eau dans le gaz| url=http://www.liberation.fr/futurs/2001/03/10/suez-air-liquide-il-n-y-aura-pas-d-eau-dans-le-gaz_357488| trans-title=Suez-Air Liquide: there will be no water in the gas| newspaper=Libération| location=Paris}}

In 2001, Air Liquide acquired Messer Griesheim's operations in South Africa, Trinidad and Tobago, Canada, Egypt, Argentina and Brazil for €185 million.{{cite news|last=Madelin|first=Thibaud|url=https://www.lesechos.fr/2001/10/air-liquide-achete-six-societes-de-lallemand-messer-griesheim-728033|title=Air Liquide achète six sociétés de l'allemand Messer Griesheim|date=October 5, 2001|work=Les Echos}} That same year, Air Liquide acquired the remaining 57% it did not yet hold from Hede Nielsen, a Danish company, which it had partially bought back in the 1990s.{{cite news| last=Degioanni| first=Jacques-Frank| url=https://www.lemoniteur.fr/article/air-liquide-devient-actionnaire-a-100-de-sa-filiale-danoise-hede-nielsen-100761| title=Air Liquide devient actionnaire à 100% de sa filiale danoise Hede Nielsen| trans-title=Air Liquide becomes a 100% shareholder of its Danish subsidiary Hede Nielsen| date=4 September 2001| work=Le Moniteur| location=Paris}}

In 2003, Air Liquide formed a joint venture with BOC in Japan, thus creating Japan Air Gases (JAG) and strengthening the group's presence in the Far East.

In 2004, Air Liquide acquired two-thirds of Messer Griesheim's global activities, consisting of operations in Germany, the United Kingdom and the United States, for $2.7 billion. Shortly after, it resold some of the US activities.{{cite web| url=https://www.leaders-llc.com/sites/default/files/IndustryShapers.pdf| title=Mergers & Acquisitions in the US Industrial Gas Business| last=Anania| first=Peter V.| date=November 2006}} In 2005, Air Liquide acquired the remaining 13.2% in the Far East Oxygen and Acetylene Company (SOAEO), for an approximately amount of €150 million.

In 2007, Air Liquide acquired the activities of Linde Gas in the United Kingdom, as well as the German engineering company, Lurgi, for €550 million, which doubled the engineering capacity of the group.{{cite web|url=https://investir.lesechos.fr/actions/actualites/acquisition-de-l-allemand-lurgi-pour-550-millions-d-euros-148926.php|title=Acquisition de l'allemand Lurgi pour 550 millions d'euros|date=April 17, 2007|website=Les Echos}}{{cite news| url=https://www.usinenouvelle.com/article/air-liquide-acquiert-l-allemand-lurgi.N17889| title=Air Liquide acquiert l'allemand Lurgi| date=April 17, 2007|work=Usine Nouvelle}} During the same year, it acquired Scott Specialty Gases, LLC.{{cite news|last=Cockerill|first=Rob|url=https://www.gasworld.com/air-liquide-acquires-scott-specialty-gases/2045.article|title=Air Liquide acquires Scott Specialty Gases|date=September 28, 2007|work=Gasworld}} Air Liquide Global E&C Solutions GmbH (formerly Lurgi GmbH), a German engineering, construction, and chemical process licensing company which was part of Metallgesellschaft has been a part of Air Liquide S. A. since 2007. The head office is located in Frankfurt.[https://www.oilonline.com/news/business-activity/technip-buys-air-liquides-zimmer-polymer-technology-business "Technip buys Air Liquide's Zimmer polymer technology business"] {{Webarchive|url=https://web.archive.org/web/20160428095028/https://www.oilonline.com/news/business-activity/technip-buys-air-liquides-zimmer-polymer-technology-business|date=2016-04-28}}, OilOnline. December 15, 2014. Accessed April 20, 2016.

In early 2008, Air Liquide entered a long-term contract with Neste Oil's Renewable Diesel Plant to supply hydrogen.{{cite news| last=Ondrey| first=Gerald| url=http://www.chemengonline.com/air-liquide-invests-in-h2-unit-to-serve-rotterdamantwerp/?printmode=1| title=Air Liquide Invests in H2 Unit To Serve Rotterdam/Antwerp| date=June 25, 2008| journal=Chemical Engineering}}

In 2012, Air Liquide created a joint venture with the Belgian group Solvay, to produce fluorinated gases for flat screens and photovoltaic panels.

In the same year, it acquired a production unit located in Louisiana, owned by the American company Georgia Gulf,{{Cite web|url=http://www.rttnews.com/1808011/air-liquide-large-industries-acquires-asu-from-georgia-gulf-quick-facts.aspx?Arch=1|title=Air Liquide Large Industries Acquires ASU From Georgia Gulf - Quick Facts|date=January 30, 2012}} 75% of the Russian Logika company, as well as LVL Medical,{{Cite web|url=https://www.challenges.fr/entreprise/pourquoi-air-liquide-s-est-offert-lvl-medical-le-specialiste-de-l-assistance-medicale-a-domicile_227956|title=Pourquoi Air Liquide s'est offert LVL Medical, le spécialiste de l'assistance médicale à domicile|last=Merieux|first=Alice|date=June 10, 2012|website=Challenges}} and the Spanish company Gasmedi, the third company in Spain in the home health sector, for €330 million.

= Recent developments =

In 2013, Air Liquide created ALIAD, a venture capital investor, with the objective to invest in start-ups and future technologies specializing in the energy transition, health and digital sectors. The company was established the same year in the Air Liquide innovation laboratory in Paris, the i-Lab, launched in 2013 to support and share innovation across the Group.{{Cite web|url=https://www.maddyness.com/2015/03/18/air-liquide-startup/|title=La recette d'Air Liquide pour une collaboration réussie avec ses startups|last=Puren|first=Vincent|date=March 18, 2015|website=Maddyness}}

As part of the development project for the Paris-Saclay Scientific and Technological Center, the company became a partner of two research and training institutes. Since then, it has been hosting the PS2E Institute (Paris-Saclay Energy Efficiency) at its Loges-en-Josas site, and has been supporting the Photovoltaic Institute of Ile-de-France (IPVF) by providing logistical resources.{{Cite web|url=https://www.airliquide.com/fr/media/air-liquide-partenaire-deux-instituts-recherche-formation-au-sein-du-cluster-innovation-paris|title=Air Liquide partenaire de deux instituts de recherche et de formation au sein du Cluster Innovation Paris-Saclay|date=October 29, 2013|website=Air Liquide}}

On March 25, 2014, Air Liquide announced an equity investment, via ALIAD, the venture capital investor of the Group, in three companies specializing in sustainable and renewable energy: McPhy Energy, Solumix and Xylowatt.{{Cite news|url=https://www.challenges.fr/entreprise/air-liquide-entre-au-capital-de-mcphy-energy_161551|title=Air Liquide entre au capital de McPhy Energy|date=March 25, 2014|work=Challenges}} ALIAD also invested in startups specializing in the Internet of Things (Sigfox in 2015) and artificial intelligence (Proxem in 2016). In the four years following its creation, Aliad invests in more than 30 startups specializing in the energy transition, health and digital sectors.{{cite news| last=Debenne| first=Toinon| url=https://www.ouest-france.fr/economie/entreprises/investissement/start-west/start-west-pour-innover-air-liquide-investit-dans-des-jeunes-pousses-5684402| title=Start West. Pour innover, Air Liquide investit dans des jeunes pousses| date=April 10, 2018| work=Ouest-France}}

In November 2015, Air Liquide announced it would acquire the American firm Airgas for a total of $13.4 billion, including debt.{{cite web|url=https://www.reuters.com/article/us-airgas-m-a-air-liquide-idUSKCN0T62H420151118#WxBxHW9OBvdJwLXI.97|title=France's Air Liquide to buy U.S. peer Airgas in $13.4 billion deal|date=17 November 2015|website=Reuters}} The Airgas shareholders approved Air Liquide's acquisition on February 23, 2016.{{cite web|url=http://investor.shareholder.com/common/download/download.cfm?CompanyID=ARG&FileID=876783&FileKey=F473BB6E-8E92-47AD-A6C2-774D206A3614&filename=AIRGAS_SHAREHOLDERS_APPROVE_AIR_LIQUIDES_PROPOSED_ACQUISITION_OF_AIRGAS_F.pdf|title=Airgas shareholders approve Air Liquide's acquisition of Airgas|date=23 February 2016|website=Airgas}}{{Dead link|date=June 2020 |bot=InternetArchiveBot |fix-attempted=yes }} On May 23, 2016, Air Liquide announced the completion of the acquisition of Airgas.{{Cite news|url=https://www.airliquide.com/media/air-liquide-completes-acquisition-airgas|title=Air Liquide completes acquisition of Airgas|date=2016-05-23|work=Air Liquide|access-date=2018-01-29|language=en|archive-date=2016-10-05|archive-url=https://web.archive.org/web/20161005075021/https://www.airliquide.com/media/air-liquide-completes-acquisition-airgas|url-status=dead}}

In December 2016, Air Liquide sold its subsidiary Aqua Lung International to Montagu Private Equity.{{cite web|url=http://www.xray-mag.com/content/aqua-lung-sold-private-equity-firm|title=Aqua Lung Sold to Private Equity Firm|work=X-Ray Mag}}{{cite web|url=http://scubagadget.com/aqua-lung-sold-end-of-an-era/|title=Aqua Lung sold – End of an era with Aire Liquide|work=Scuba Gadget|access-date=2017-11-05|archive-date=2017-11-07|archive-url=https://web.archive.org/web/20171107031619/http://scubagadget.com/aqua-lung-sold-end-of-an-era/|url-status=dead}}

In 2016, Air Liquide's fund ALIAD notably took participation in Carmat, Inpria, Poly-Shape and Solidia Technologies. By June 2016, the total amount of investment made by ALIAD amounted to more than €60 million.{{Cite news|url=https://www.capital.fr/entreprises-marches/air-liquide-son-fonds-aliad-prend-quatre-nouvelles-participations-dans-des-start-ups-1137811|title=AIR LIQUIDE : son fonds Aliad prend quatre nouvelles participations dans des start-ups|date=June 14, 2016|work=Capital}} ALIAD's investments focus on health, energy transition and high-tech start-up, and support them by setting up privileged R&D and business agreements.{{Cite web|url=https://www.airliquide.com/fr/groupe/aliad-venture-capital|title=Air Liquide Venture Capital}}

In 2016, Air Liquide announced a new strategic plan called Neos, with an important focus on digital transformation. As part this project, the group opened two major remote operations centers: Saint-Priest, France, in 2017, and in Kuala Lumpur in 2018. The centers enable real-time analysis of the data and activities of connected factories and production units.{{Cite news|url=https://france3-regions.francetvinfo.fr/auvergne-rhone-alpes/rhone/lyon/st-priest-air-liquide-ouvre-centre-pilotage-ses-usines-france-1184589.html&sa=D&ust=1522934313235000&usg=AFQjCNE7TO1YNwwnj8_sU92iy5MWN2RmzQ|title=St Priest : Air Liquide ouvre un centre de pilotage pour ses usines en France|date=January 27, 2017|work=France 3}}

In May 2017, Air Liquide announced the sale of Welding, its subsidiary of 2,000 employees, specialized in the production of welding gas, to Lincoln Electric.{{Cite news|url=http://www.lefigaro.fr/flash-eco/2017/04/27/97002-20170427FILWWW00422-air-liquide-a-signe-la-vente-de-sa-filiale-welding-avec-l-americain-lincoln-electric.php|title=Air Liquide a signé la vente de sa filiale Welding avec l'américain Lincoln Electric|date=April 27, 2017|newspaper=Le Figaro| location=Paris}}

In August of the same year, Air Liquide took control of Skagerak Naturgass AG,{{Cite web|url=http://www.ledauphine.com/economie-et-finance/2017/09/05/air-liquide-entre-au-capital-de-skagerak-naturgass-daxu|title=Air Liquide entre au capital de Skagerak Naturgass|date=September 14, 2017}} a subsidiary of Skagerak Energi, producer of biomethane for vehicles in Norway. Air Liquide had previously bought its Swedish counterpart Fordonsgas in 2014.{{Cite web|url=https://www.capital.fr/entreprises-marches/air-liquide-acquiert-fordonsgas-en-suede-978520|title=Air Liquide acquiert FordonsGas en Suède|date=November 7, 2014}} Skagerak Energi belongs to Statkraft ("1st European producer of renewables" according to Air Liquide press release). Today, Air Liquide therefore has 54 biogas stations in northern Europe and it has installed one of the world's largest biogas liquefaction plants in Sweden (Lidkoping).

In 2017, Air Liquide signed an agreement with Cargill to build a biodiesel plant in Kansas, US. The operation is planned to start in January 2019 to produce 60 million gallons of biodiesel a year. Air Liquide and Cargill have already built six biodiesel plants together worldwide.{{cite news| first=Joanna| last=Sampson| url=https://www.gasworld.com/air-liquide-wins-biodiesel-plant-contract/2013849.article| title=Air Liquide Engineering & Construction wins biodiesel plant contract| date=Nov 24, 2017| work=Gasworld}}

In January 2018, the group announced an investments of 150 million euros in Asia to finance the construction of ultra pure nitrogen production units, a "carrier gas" used in the composition of various electronic applications.

In February 2018, Air Liquide launched the world's largest oxygen production unit for Sasol, an international energy and chemicals company.{{cite news|last=Van Wyngaardt|first=Megan|url=http://www.engineeringnews.co.za/article/air-liquide-launches-200m-air-separation-unit-at-sasol-2018-02-01/rep_id:4136|title=Air Liquide launches €200m air separation unit at Sasol|date=February 1, 2018| work=Engineering News}}

In September 2018, Air Liquide inaugurated its Paris Innovation Campus, located on the "Plateau de Saclay", near Paris. The campus includes Air Liquide's largest Research & Development Center, fully renovated with an investment of €50 million. On this occasion, Air Liquide announced the creation of a deep-tech start-up accelerator on the Innovation Campus by 2019.{{cite news|last=Sampson|first=Joanna|url=https://www.gasworld.com/air-liquide-inaugurates-paris-innovation-campus/2015506.article|title=Air Liquide inaugurates Paris Innovation Campus|date=September 27, 2018| journal=GasWorld}}

At the end of 2018, Air Liquide announced its climate objectives and aims to reduce its carbon emissions by 30% by 2025. Among the measures stated: increase renewable electricity purchases by nearly 70%, improve the energy efficiency of production units and reduce the carbon footprint of products by 10%, by influencing both production and transport.{{Citation needed|date=October 2020}}

According to the International Energy Agency, Air Liquide is actively partnering in carbon capture, utilization and storage (CCUS) projects across Europe and the United States. As of March 2023, Air Liquide is set to participate in the development of 29 such projects.[http://www.iea.org/data-and-statistics/data-product/ccus-projects-database]

Activities

= Large Industries =

Air Liquide generates about a third of its sales revenue by supplying the large industry (26% in 2017): chemicals, petrochemicals, metallurgy and refining. Air Liquide supply them with gas and energy by direct pipeline. Its pipeline network in the largest industrial basins is the longest in the world (more than 9000 km).{{Cite web|url=https://www.airliquide.com/industry|title=Air Liquide : Industry|website=airliquide.com}} In 2018, the group's largest hydrogen production unit is located in the industrial zone of Yanbu, Saudi Arabia, and has a capacity of 340,000 Nm³/hour thanks to its two production sites.{{Cite news|last=Bourbon|first=Jean-Claude|url=https://www.la-croix.com/Actualite/Economie-Entreprises/Economie/Le-plus-gros-projet-de-l-histoire-d-Air-Liquide-est-en-Arabie-saoudite-2015-06-24-1327495|title=Le plus gros projet de l'histoire d'Air Liquide est en Arabie saoudite|date=June 24, 2015|work=La Croix}}

In February 2018, Air Liquide launched the world's largest oxygen production unit for Sasol, an international energy and chemicals company based in South Africa.{{Cite web|url=http://www.engineeringnews.co.za/article/air-liquide-launches-200m-air-separation-unit-at-sasol-2018-02-01/rep_id:4136|title=Air Liquide launches €200m air separation unit at Sasol|last=Van Wyngaardt|first=Megan|date=February 1, 2018|website=Engineering News}}

In 2018, this activity was ensured by 52 hydrogen production units, 19 cogeneration units and 369 air separation units. This specialty represents 27% of the 2019 turnover of Air Liquide Gas and Services activities.{{Cite web|url=https://www.airliquide.com/fr/groupe/grande-industrie|title=Air Liquide: Grande Industrie| website=Air Liquide}}

= Industrial Merchant =

Small and Medium Enterprises use gas in small and medium quantities, in very diversified sectors (food, heat treatment of metals, manufacture of glass or welding-cutting of metal parts, etc.). These gases are delivered and stored in liquid form, packaged in bottles or produced directly on the customers' site. Air liquide also produces solid carbon dioxide (dry ice) under the name "Carboglace" (in France). Air Liquide GIS (Industrial Gas Services) and Air Liquide Santé hold a fleet of over twelve thousand tankers worldwide.

In 2019, this specialty represents 46% of Air Liquide's Gas & Services revenue.{{Citation needed|date=October 2020}}

= Healthcare =

Air Liquide's activities in the health sector, through Air Liquide Healthcare, represented 18% of its gas and services sales revenue in 2016. The group provides medically prescribed home and hospital treatments for patients with chronic illnesses such as COPD (chronic obstructive pulmonary disease), sleep apnea or diabetes.{{Cite web|url=https://www.airliquide.com/healthcare/our-research-development|website=Air Liquide| title=Our Research Development}}

The main medical gases manufactured are:

The Group also provides hygiene and disinfection solutions, through its German subsidiary {{interlanguage link|Schulke|de}} (Germany), as well as sterilization of surgical instruments, to fight against nosocomial diseases. Finally, through its subsidiary Air liquide Medical Systems, Air Liquide is also a manufacturer of medical equipment (ventilation, anesthesia, valve regulator).

For its activities in research and development in the health sector, Air Liquide formed partnerships with several international research centers such as MGH (Massachusetts General Hospital, Boston, USA), ICM (Institut du Cerveau et de la Moelle épinière, France), Pasteur Institute, (France) or Leuven University (Belgium). Air Liquide Healthcare employs over 250 researchers for its R&D activities.

Air liquide allocates part of its research activities to the development of e-health solutions, particularly in remote medical monitoring and remote support of patients through connected measurement devices, for patients with COPD, diabetes or sleep apnea.

In 2017, the Group said it provided more than 15,000 hospitals and clinics with gases and equipment, and 1,6 million patients around the world.{{Cite web|url=http://www.zonebourse.com/AIR-LIQUIDE-4605/actualite/Sante-a-domicile-Air-Liquide-deploie-sa-premiere-solution-de-e-sante-Chronic-Care-ConnectTM--25097756/|title=Santé à domicile : Air Liquide déploie sa première solution de e-sante Chronic Care ConnectTM|date=11 September 2017 }}

In 2019, this specialty accounted for 18% of Air Liquide's Gas & Services revenue.{{citation needed|date=June 2020}}

In 2020, Air Liquide along with Schneider Electric, Groupe PSA, and Valeo were asked to produce ventilators for intensive care units (COVID-19) by the Health Department. 85% of the models produced are primarily intended for short-term use.{{cite news|language=fr|title=Air Liquide et le ministère de la Santé font bloc face à la polémique sur le projet 10000 respirateurs|newspaper=L'Usine Nouvelle|url=https://www.usinenouvelle.com/article/air-liquide-et-le-ministere-de-la-sante-font-bloc-face-a-la-polemique-sur-le-projet-10-000-respirateurs.N956956|author=Julien Cottineau|date=23 April 2020}}

= Spaceflight =

Air Liquide has a plant located just outside Kennedy Space Center that provides gaseous nitrogen via two systems, an air separation system for standard daily needs and a launch support system for periods of higher demand. During the Artemis 1 wet dress rehearsal the level of flow was insufficient, something that will be solved by a planned upgrade of separation equipment.{{Cite web |date=2022-04-14 |title=NASA halts third attempt at SLS practice countdown |url=https://spacenews.com/nasa-halts-third-attempt-at-sls-practice-countdown/ |access-date=2022-04-26 |website=SpaceNews |language=en-US}}{{Cite web |last=Sloss |first=Philip |date=2022-04-25 |title=Artemis 1 vehicle heads back to VAB while NASA discusses what to do next |url=https://www.nasaspaceflight.com/2022/04/artemis-1-vab-nasa-discusses-what-next/ |access-date=2022-04-26 |website=NASASpaceFlight.com |language=en-US}}

= Electronics =

Air Liquide supplies semiconductor manufacturers, flat panel displays, and the photovoltaic industry with ultra-high purity gases, also called "carrier gases", chemical liquids and equipment for the application of these fluids. For its activity in the electronic sector, the group employs more than 3,000 people.

In 2019, this specialty represents 9% of Air Liquide's Gas & Services revenue.{{Cite web|url=https://www.airliquide.com/group/electronics|title=Air Liquide {{!}} Electronics|website=Air Liquide}}

= Global Market and Technologies =

Initiated in 2015, the activity brings together all the activities related to the energy transition, particularly in terms of clean transport and biogas, the space industry, and hydrogen energy.{{Cite news|url=http://www.leparisien.fr/high-tech/air-liquide-optimiste-apres-l-integration-d-airgas-15-02-2017-6683232.php|title=Air Liquide optimiste après l'intégration d'Airgas|date=February 15, 2017|work=Le Parisien}} It includes all the activities developing the use of gases in offshore energy production and the transport of high-value-added molecules.{{Cite web|url=https://www.airliquide.com/fr/groupe/marches-globaux-technologies#content|title=Marchés Globaux & Technologies|website=Air Liquide}}

Air Liquide developed a helium cooling process for the ITER experimental reactor, an experimental fusion reactor located in Saint-Paul-Lez-Durance, France, built in the early 2010s.{{citation needed|date=June 2020}}

In June 2016, Air Liquide set up its first multi-energy service station offering alternative fuels and, more generally, natural fuels: Compressed Natural Gas (CNG), Liquefied Natural Gas (LNG), and Liquid Nitrogen (N2). This alternative now allows road drivers to refill their refrigerated vehicles with refrigerant gas through a pump delivering liquid nitrogen. Hydrogen could later supplement this panel of energies.{{Cite news|url=http://www.lefigaro.fr/flash-eco/2016/06/21/97002-20160621FILWWW00345-air-liquide-ouvre-sa-premiere-station-service-multi-energies.php|title=Air Liquide ouvre sa première station-service "multi énergies"|date=June 21, 2016|work=Le Figaro}}

The control of the hydrogen chain, from production to distribution and storage, is a priority focus of Air Liquide's research, which focuses on the applications of hydrogen energy in transportation, from the space domain to the automobile.{{Cite web|url=https://www.francetvinfo.fr/replay-radio/l-interview-eco/benoit-potier-air-liquide-la-voiture-electrique-a-lhydrogene-change-dechelle_2359919.html|title=Benoît Potier (Air Liquide) : "La voiture électrique à l'hydrogène change d'échelle|last=Leymarie|first=Jean|date=September 20, 2017|website=France Info}} The group is involved in the development of hydrogen stations around the world, and is at the initiative of the group of multinationals who participated in the launch of the "Hydrogen Council", created at the World Economic Forum in Davos 2017 to promote this new energy.{{Cite news|last=Barroux|first=David|url=https://www.lesechos.fr/18/01/2017/LesEchos/22364-075-ECH_les-geants-de-l-hydrogene-unissent-leurs-forces.htm|title=Les géants de l'hydrogène unissent leurs forces|date=January 18, 2017|work=Les Echos}}

For space missions, Air Liquide creates cryogenic equipment for launchers, orbital systems, firing points and sensors cooled at very low temperatures. In Sassenage, France, it builds liquid oxygen tanks for Ariane 5, and in Les Mureaux, the propellant tanks of the launcher's first level.{{Cite news|last=Decourt|first=Remy|url=https://www.futura-sciences.com/sciences/actualites/acces-espace-air-liquide-pompiste-ariane-veut-stations-espace-mars-66084/|title=Air Liquide, le pompiste des Ariane, veut des stations dans l'espace et sur Mars|date=January 27, 2020|work=Futura-Sciences}}

Global Markets & Technologies generated €474 million in revenue in 2018.

In early 2018, Air Liquide commissioned three new biomethane production units, in the United States, in France, and in the United Kingdom. Its new units doubled Air Liquide's biomethane capacity, reaching 60MW, the equivalent of 500 GWh for a full year of production.{{Cite news|url=http://biomassmagazine.com/articles/15240/air-liquide-doubles-its-biomethane-production-capacity|title=Air Liquide doubles its biomethane production capacity|date=April 23, 2018|work=Biomass magazine}}

= Engineering and Construction =

The main activity of Air Liquide Engineering & Construction is the design, engineering and construction of processing facilities and associated infrastructure. It is the primary engineering partner for plants operated by the Air Liquide Group, but also a technology provider and engineering partner to third parties as well.{{Citation needed|date=October 2020}}

Air Liquide Engineering & Construction employs more than 3,000 workers across 15 engineering centers around the world, and owns over 1,600 technology and process patents. This portfolio includes both the historical Air Liquide cryogenics and related technologies, as well as the acquired Lurgi AG technologies, notably syngas, methanol, Rectisol, and other licensed technologies.{{citation needed|date=May 2020}}

Corporate structure

=Board of directors=

Composed as follows as of July 2021:{{Cite web|url=https://www.airliquide.com/fr/groupe/conseil-administration|title=Air Liquide Conseil d'Administration}}{{cite web|url=https://www.airliquide.com/group/board-directors|title=Board of Directors|date=3 February 2015|website=Air Liquide|access-date=31 January 2019}}

= CEOs =

Run by the founding family until 1945, the company has known 6 presidents since its creation. Between 2001 and 2006, Alain Joly (Chairman of the supervisory board) and Benoît Potier (Chairman of the executive board) led the management team in pairs, before Benoît Potier took charge of the group.{{Cite news|url=https://www.lesechos.fr/12/12/2005/LesEchos/19559-098-ECH_air-liquide---benoit-potier-va-devenir-seul-patron-du-groupe.htm|title=Air Liquide : Benoît Potier va devenir seul patron du groupe|date=December 12, 2005|work=Les Echos}} In 2022, François Jackow became CEO and joined the board of directors. Benoît Potier remains Chairman of the board of directors.{{Cite news|url=https://www.gasworld.com/francois-jackow-to-be-new-air-liquide-ceo/2022298.article|title=Air Liquide succession: Benoît Potier to focus on role as Chairman, François Jackow to be new CEO}}

  • 1902 - 1945 : Paul Delorme
  • 1945 - 1985 : Jean Delorme
  • 1985 - 1995 : Édouard de Royère
  • 1995 - 2001 : Alain Joly
  • 2001 - 2006 : Alain Joly (Chairman of the supervisory board) and Benoît Potier (Chairman of the executive board)
  • 2006 - 2022 : Benoît Potier (remains Chairman of the board of directors)
  • 2022 (current) : François Jackow

Financial data

class="wikitable" border="3"

|+ Financial data in millions of euro

! Year

! 2001

! 2002

! 2003

! 2004

! 2005

! 2006

!2007

!2008

!2009

!2010

!2011

!2012

!2013

!2014

! 2015

!2016

!2017

!2018

!2019

----

| Sales

| 8 328

| 7 900

| 8 399

| 9 400

| 10 435

| 10 949

|{{formatnum:11801}}

|{{formatnum:13103}}

|{{formatnum:11976}}

|{{formatnum:13488}}

|{{formatnum:14457}}

|{{formatnum:15326}}

|{{formatnum:15225}}

|{{formatnum:15358}}

| 16 330

|{{formatnum:18135}}

|{{formatnum:20349}}

|{{formatnum:21011}}

|{{formatnum:21920}}

----

| EBITDA

| 1 833

| 1 960

| 1 975

| 2 084

| 2 415

| 2 567

|{{formatnum:1794}}

|{{formatnum:1949}}

|{{formatnum:1949}}

|{{formatnum:2252}}

|{{formatnum:2409}}

|{{formatnum:2553}}

|{{formatnum:2581}}

|{{formatnum:2634}}

| 4 262

|{{formatnum:3024}}

|{{formatnum:3364}}

|{{formatnum:3449}}

|{{formatnum:3794}}

----

| Net Results

| 460

| 703

| 725

| 778

| 933

| 1 002

|{{formatnum:1123}}

|{{formatnum:1220}}

|{{formatnum:1230}}

|{{formatnum:1404}}

|{{formatnum:1535}}

|{{formatnum:1591}}

|{{formatnum:1640}}

|{{formatnum:1665}}

| 1 756

|{{formatnum:1844}}

|{{formatnum:2199}}

|{{formatnum:2113}}

|{{formatnum:2242}}

----

| Net Debt

| 2 584

| 2 022

| 1 730

| 3 790

| 3 740

| 3 447

|{{formatnum:4660}}

|{{formatnum:5484}}

|{{formatnum:4891}}

|{{formatnum:5039}}

|{{formatnum:5248}}

|{{formatnum:6103}}

|{{formatnum:6062}}

|{{formatnum:6306}}

| 7 239

|{{formatnum:15368}}

|{{formatnum:13371}}

|{{formatnum:12535}}

|{{formatnum:12373}}

----

| Research

| 146

| 150

| 146

| 150

| 162

| 173

|

|

|

|

|

|

|

|

| 282

|

|

|

|

----

| Employees

| 30 800

| 30 800

| 31 900

| 35 900

| 35 900

| 36 900

|

|

|

|

|

|

|

|

| 50 000+

|

|

|

|67 200

::::::Source :[http://www.opesc.org/fiche-societe/fiche-societe.php?entreprise=AIL OpesC]

By 29 February 2016, the company had a share value of 33,434 million euros, distributed in 344,222,603 shares.

See also

{{Portal|France|Companies}}

References

{{Reflist}}