Air Liquide

From WikiMD's Food, Medicine & Wellness Encyclopedia

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Air Liquide is a multinational company headquartered in Paris, France, that specializes in the supply of industrial gases and services to various industries including medical, chemical, and electronic manufacturers. Founded in 1902 by Georges Claude and Paul Delorme, Air Liquide has grown to become one of the largest suppliers of industrial gases by revenues worldwide.

History[edit | edit source]

The foundation of Air Liquide was marked by the invention of a process to liquefy air which allowed the large-scale production of oxygen. This breakthrough technology was pivotal in the company's early development and expansion. Over the years, Air Liquide has diversified its operations and services, extending its reach to over 75 countries. The company has made significant contributions to the industrial gases sector through innovations and technological advancements in the production of oxygen, nitrogen, hydrogen, and other gases.

Operations[edit | edit source]

Air Liquide operates in the main industrial and medical gases markets, offering products and services that range from oxygen therapy equipment for hospitals to specialized gases for the electronics industry. The company's operations are divided into several segments, including Gas & Services, Engineering & Construction, and Global Markets & Technologies.

Gas & Services[edit | edit source]

This segment is the core of Air Liquide's business, providing gases such as oxygen, nitrogen, argon, and hydrogen to various industries including steel, chemical, refining, and electronics. Air Liquide also serves the healthcare sector by supplying medical gases, hygiene products, and services to hospitals and patients at home.

Engineering & Construction[edit | edit source]

Air Liquide's Engineering & Construction division is responsible for designing, developing, and constructing production units for the company and its customers. This includes air separation units, hydrogen production plants, and other facilities related to gas production and processing.

Global Markets & Technologies[edit | edit source]

This segment focuses on new markets and technologies, including biogas production, the hydrogen economy, and deep tech innovations such as quantum computing and artificial intelligence applications in the industrial sector.

Sustainability[edit | edit source]

Air Liquide is committed to sustainable development and has implemented various initiatives to reduce its environmental footprint. The company's sustainability goals include reducing carbon emissions, improving energy efficiency, and developing clean technologies such as hydrogen energy.

Corporate Governance[edit | edit source]

The company is governed by a Board of Directors, with Benoît Potier serving as the CEO. Air Liquide's corporate governance structure is designed to ensure accountability, transparency, and ethical business practices.

Global Presence[edit | edit source]

With operations in more than 75 countries, Air Liquide has a significant global presence. The company's international strategy involves expanding its market share in emerging economies while consolidating its position in established markets.

Conclusion[edit | edit source]

Air Liquide plays a crucial role in the industrial and healthcare sectors by providing essential gases and services. Through its commitment to innovation, sustainability, and global expansion, Air Liquide continues to be a key player in the industrial gases industry.

Air Liquide Resources
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Contributors: Prab R. Tumpati, MD