Air Liquide has signed over 20 contracts totalling €100m due to its solution that reduces greenhouse gas emissions for the maritime industry.
Air Liquide has developed a refrigeration and liquefaction technology based on the Turbo-Brayton physical principle, the technology re-liquifies natural gas boil-off LNG vessels in order to significantly reduce greenhouse gas emissions during transport.
With the signed contracts, the Tier One company is helping to prevent more than 120,000 tonnes of CO2-equivalent emissions per year.
“This commercial success illustrates the capacity of the group’s teams to develop innovative technological solutions that create new market opportunities while taking into account our customers’ environmental needs, and thus reduce global greenhouse gas emissions of the planet,” said François Darchis, Senior Vice-President and a member of the Air Liquide Group Executive Committee.
“These new technologies are helping to meet the challenge of climate change, in line with our climate objectives, which are the most ambitious in our industry,” Darchis continued.
The cryogenic equipment that uses this technology enables shipping companies and freight forwarders to comply with maritime industry regulations on greenhouse gas emissions.
The Air Liquide technology was first used in the space industry to preserve at very low temperatures biological samples on the International Space Station (ISS), before being adapted by Air Liquide’s teams for the maritime industry.