Air Liquide and Holcim to Collaborate on a Project to Decarbonize Cement Production in Belgium
02 May 2023 - 4:45PM
Business Wire
Regulatory News:
Air Liquide (Paris:AI) and Holcim have signed a Memorandum of
Understanding (MoU) to pursue a project to decarbonize Holcim’s new
cement production plant under development in Belgium, using Air
Liquide proprietary CryocapTM carbon capture innovative technology.
In that regard, Air Liquide and Holcim have co-applied for the
European Innovation Fund supporting framework. This partnership is
an important step to accelerate the decarbonization of the industry
in Belgium.
The new cement production plant announced will be replacing an
existing asset. Thanks to Air Liquide’s unique carbon capture
innovative technology, Holcim will be able to reduce emissions by
up to 1.1 million tons per year of CO2. This partnership is part of
GO4Zero, Holcim's investment program that will enable the company
to achieve carbon neutrality in Belgium by the end of the
decade.
Air Liquide will support this initiative by leveraging its
know-how and unique expertise in CO2 capture technologies. Air
Liquide intends to build and operate a unit of its innovative and
proprietary CryocapTM Oxy technology to capture and purify up to
95% of the CO2 generated from Holcim’s production unit in Obourg.
The captured CO2 will then be handled through Antwerp@C1 CO2 Export
Hub where it will be transported, liquefied and loaded onto CO2
ships for onward permanent and safe offshore storage.
The implementation of the project will be possible as public
funding from European schemes supporting decarbonization becomes
available. In this perspective, Air Liquide and Holcim have jointly
applied for the European Innovation Fund, one of the world’s
largest programs for promoting innovative low-carbon
technologies.
Pascal Vinet, Senior Vice President and Executive
Committee Member of the Air Liquide Group, supervising Europe
Industries, said: «The decarbonization of the industry is at the
heart of our ADVANCE strategy. We are committed to accompany our
customers through providing a wide range of innovative solutions.
As an example, Air Liquide's proprietary CryocapTM technology is
particularly well suited to decarbonize the cement industry. This
collaboration with Holcim illustrates our ability to work with our
customers to significantly reduce their CO2 footprint and make the
decarbonization of the industry a reality. In line with its
sustainable development objectives, which include carbon neutrality
by 2050, Air Liquide's ambition is to actively contribute to the
emergence of a low-carbon industry.”
About Air Liquide
Benelux
Air Liquide in Benelux comprises
subsidiaries active in the production, distribution, and sale of
industrial and medical gases, technologies and services of the Air
Liquide Group. Founded in Belgium in 1906 and in the Netherlands in
1913, Air Liquide currently operates 22 industrial sites throughout
the Benelux. The Group currently employs more than 1,200 people in
this region, all activities taken together, and it supplies more
than 122,000 customers and patients.
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 and FTSE4Good indexes.
1 Antwerp@C CO2 Export Hub is an open-access infrastructure to
transport, liquefy and load CO2 onto ships in the Antwerp-Bruges
port.
www.airliquide.com Follow us on Twitter
@airliquidegroup
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