Air Liquide to invest over $40 million to increase efficiency & reduce CO₂ emissions
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Air Liquide and Dow renewed their industrial gas supply agreement in Stade, one of Germany’s largest chemical production sites.
Air Liquide will supply industrial gases with a long-term agreement. It will invest nearly 40 million euros to modernize its assets to enable operational efficiency and reduce CO₂ emissions.
Air Liquide said it will modernize its production assets – two Air Separation Units (ASU) and a Partial Oxidation plant (POX). This will facilitate the circular use of CO₂ generated, resulting in approximately a 15% boost in energy efficiency and reduced emissions by roughly 15,000 tonnes per year. These emission reductions represent 80% of the direct CO₂ emissions from the Air Liquide site.
The upgrades are expected to be completed this year.
Also read: European Commission announces strategy to boost industrial CCS capacity
Emilie Mouren-Renouard, a member of Air Liquide’s Executive Committee and Chief Executive Officer of the Europe Industries Hub, said in a release: “In view of the climate imperative, the necessary industrial transformation will require not only ground-breaking greenfield projects but also step-by-step modifications and modernization of existing plants. This is why, as part of our long-term renewal of the supply agreement with Dow, we have decided to invest close to 40 million euros to modernize our assets in Stade.”
“The solution implemented will apply CO₂ recycling to an existing production facility, enabling us to improve energy efficiency and reduce CO₂ emissions at the same time. This investment is in line with Air Liquide’s ADVANCE strategic plan, which includes the objective of reducing the Group’s carbon emissions by one-third by 2035.”
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