PARIS: Air Liquide, a global leader in industrial and medical gases, has announced the acquisition of NovaAir, a prominent Indian industrial gas producer and supplier, from Asia-focused private equity firm PAG. This strategic acquisition marks a significant step in Air Liquide’s ongoing expansion in India, enhancing its presence in key industrial regions and sectors. Founded…
Tag: Air Liquide
Air Liquide to acquire DIG Airgas in €2.85 billion deal, expanding South Korea footprint
PARIS: French industrial gas giant Air Liquide said on Friday it has signed a binding agreement to acquire DIG Airgas, one of South Korea’s leading integrated gas companies, in a deal valued at €2.85 billion ($3.1 billion). The transaction, expected to close in the first half of 2026, marks a strategic push into Asia’s fast-growing…
Air Liquide launches world’s largest molybdenum plant in South Korea to support chip industry’s shift from tungsten
PARIS: Air Liquide (AIRP.PA) said it has started operations at the world’s largest molybdenum manufacturing plant in Hwaseong, Gyeonggi Province, expanding its footprint in advanced materials for semiconductors. The site will produce ultra-high purity molybdenum molecules and proprietary distribution systems for Subleem™, the company’s latest materials offering. The strategic investment positions Air Liquide as the…
Air Liquide expands homecare services in Belgium and Netherlands
PARIS: Air Liquide has acquired homecare entities in Belgium and the Netherlands, supporting 10,000 patients with chronic conditions. The €10 million turnover operation adds to the Group’s existing support of 2 million people worldwide and aligns with its focus on Home Healthcare as a priority development area. The acquisition includes VitalAire, Air Liquide’s Home Healthcare…
Air Liquide divests African operations to Adenia Partners
PARIS, FRANCE: Air Liquide (Paris: AI) has announced the sale of its operations in twelve African nations to Adenia Partners Ltd. The divestiture encompasses the group’s activities in Benin, Burkina Faso, Cameroon, Congo, Côte d’Ivoire, Gabon, Ghana, Madagascar, Mali, Democratic Republic of Congo, Senegal, and Togo, which collectively generate annual sales of approximately 60 million…
Air Liquide and KBR join forces to offer low-carbon ammonia solutions
PARIS, FRANCE: Air Liquide, a global leader in industrial gases, and KBR, a global provider of engineering and technology solutions, have announced a partnership to offer fully integrated low-carbon ammonia solutions based on Autothermal Reforming (ATR) technology. ATR is a process that converts natural gas or other hydrocarbons into hydrogen and carbon monoxide using oxygen…
Air Liquide signs first long-term Power Purchase Agreement for renewable electricity in China
PARIS, FRANCE: Air Liquide has signed a long-term Power Purchase Agreement (PPA) with the China Three Gorges Renewables and China Three Gorges Corporation Jiangsu Branch, subsidiaries of China Three Gorges, one of China’s largest producers and retailers of renewable electricity, to purchase a total of 200 MW of renewable power per year in China. Following…
Air Liquide signs its biggest Power Purchase Agreement in Netherlands
PARIS, FRANCE: Air Liquide (Paris:AI) has signed its biggest long-term Power Purchase Agreement (PPA) to date with approximately 115 MW of new offshore wind electricity, purchased to Vattenfall in the Netherlands. This PPA comes in addition to a previous agreement announced with Vattenfall in March 2021, expanding the long-term partnership between the two groups. It…
Air Liquide, Toyota and CaetanoBus join forces to accelerate hydrogen mobility in Europe
PARIS, FRANCE: Air Liquide, CaetanoBus and Toyota Motor Europe have signed a Memorandum of Understanding to developing integrated hydrogen solutions, including infrastructure development and vehicle fleets, to accelerate the expansion of hydrogen mobility for both light and heavy-duty vehicles, a news release noted.The partnership reflects the shared ambition of the three partners to contribute to…
Waga will supply equipment to Air Liquide for renewable natural gas production
MEYLAN, FRANCE: Waga Energy will supply three cryogenic distillation modules to Air Liquide for two renewable natural gas (RNG) production plants currently under construction in the United States, a statement said. The cryogenic distillation modules, manufactured as standard components by Waga Energy for its WAGABOX(R) landfill gas upgrading units, separate methane from oxygen and nitrogen….
Air Liquide to setup 350 tonnes/day Air Separation Unit in Uttar Pradesh
PARIS, FRANCE: Air Liquide will setup a new Air Separation Unit (ASU) having 350 tonnes/day production capacity with an investment of Euro 40 million, dedicated to Industrial Merchant activities in Kosi, in the state of Uttar Pradesh, Northern India. This unit will have a production capacity of 350 tonnes per day, with a maximum of…
Air Liquide acquires 100% stakes in H2V Normandy
PARIS, FRANCE: Air Liquide has increased its shareholding in H2V Normandy to 100% from previously held 40%. Renamed Air Liquide Normand’Hy, this company aims to build a large-scale electrolyzer of at least 200 MW for the production of renewable hydrogen in France. This strategic investment will support the development of a low-carbon hydrogen ecosystem in…