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Stock impact report

Air Liquide Receives EU Support to Develop the First Large-Scale Project for the Production, Liquefaction, and Distribution of Low Carbon and Renewable Hydrogen From Ammonia

L'AIR LIQUIDE SA UNSP/ADR (AIQUY) 
NASDAQ:AMEX Investor Relations: airliquide.com/investors
Company Research Source: Business Wire
PARIS--(BUSINESS WIRE)--Regulatory News:Air Liquide (Paris:AI) has been awarded a grant of 110 million euros from the European Innovation Fund for its ENHANCE project in the port of Antwerp-Bruges, Belgium, that aims to produce and distribute low-carbon and renewable hydrogen derived from ammonia. As part of the project, Air Liquide intends to build, own and operate a first-of-its-kind large scale renewable ammonia cracking plant and an innovative hydrogen liquefier. ENHANCE is the first European industrial-scale project for the production and distribution of low-carbon and renewable hydrogen using ammonia as a feedstock.As part of this initiative, Air Liquide intends to retrofit one of its hydrogen production units located in the Port of Antwerp-Bruges, using renewable ammonia as a feedstock instead of natural gas, and would also build a hydrogen liquefier. This new facility would support the development of a low-carbon and renewable hydrogen supply chain in Europe and contribute Show less Read more
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