The French unit of Air Products has made the switch to using renewable energy to produce industrial and medical air gases for its merchant customers.
The energy will be produced from 100% French sources and will also fuel the company’s sales and administrative offices in France.
The decision is validated by a Guarantee of Origin (GO) certificate, which exclusively proves that a quantified amount of the electricity used originates from renewable energy or cogeneration. The switch became effective on 1st June.
Kurt Lefevere, Vice-President Northern Continent Industrial Gases Europe, stressed, “With this new decision to privilege renewable energy in France, Air Products proves once again that on a daily basis it strives to put sustainability at the heart of all its activities with its objectives by 2020.”
The development falls in line with Air Products’ ‘Grow, Conserve and Care’ sustainability strategy, under which it plans to draw upon its resources to reduce its environmental footprint through cutting-edge technologies.
The industrial gas giant has set stringent targets for greenhouse gases, energy, water, waste and emissions under this scheme and plans to generate more than 50% of its revenues from sustainability offerings.
According to gasworld Business Intelligence, Air Products was the third largest industrial gas company in the French market in 2016, producing revenues of just under €151m ($170m). Research Analyst Toby Pimlott highlighted, “Air Products operates production facilities in six locations across the country, largely generating air gases. In 2016, the Tier One player held a market share of approximately 12%.”