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Air Liquide
Air Liquide
S.A. (French pronunciation: ​[ɛʁ likid]; /ˌɛər lɪˈkiːd/; literally "liquid air"), is a French multinational company which supplies industrial gases and services to various industries including medical, chemical and electronic manufacturers. Founded in 1902, it is the world's largest supplier of industrial gases by revenues and has operations in over 80 countries.[2] It is headquartered in the 7th arrondissement of Paris, France.[3] Air Liquide owned the patent for Aqua-Lung
Aqua-Lung
until it time-expired. Although Air Liquide's headquarters are located in Paris, France, it also has a major site in Japan (ALL), as well as in Houston, TX, and Newark, DE, USA. There is an emphasis on research and development (R&D) throughout the Air Liquide
Air Liquide
company. R&D targets the creation of not only industrial gases, but also gases that are used in products such as healthcare items, electronic chips, foods and chemicals. The major R&D groups within Air Liquide
Air Liquide
focus on analysis, bioresources (foods and chemicals), combustion, membranes, modeling, and the production of Hydrogen
Hydrogen
(H2) gas. The company is a component of the Euro Stoxx 50 stock market index.[4] As of 2009, the company is ranked 484 in the Fortune Global 500.[5]

Contents

1 History 2 Corporate structure

2.1 Board of Directors

3 Subsidiaries

3.1 Air Liquide
Air Liquide
Global E&C Solutions Germany
Germany
GmbH (formerly Lurgi GmbH)

4 Financial data 5 References 6 External links

History[edit]

1902: Georges Claude
Georges Claude
and Paul Delorme develop a process for liquefying air to separate the components. First drops of liquid air and creation of the company of the same name. Paul Delorme is the first president. 1906: Launch of international expansion, first in Belgium and Italy, then also in Canada, Japan and Hong Kong. 1913: Air Liquide
Air Liquide
joins the Paris
Paris
Bourse. 1938: Acquisition of La oxígena S.A. in Argentina 1943: Engineer Émile Gagnan (employee at Air Liquide) and lieutenant de vaisseau (ship-of-the-Line Lieutenant) Jacques-Yves Cousteau, order to Air Liquide
Air Liquide
the construction, at its factory in Boulogne-Billancourt, of two scuba sets prototypes that Cousteau and Frédéric Dumas used to shoot the underwater film Épaves (Shipwrecks), directed by Cousteau the same year.[6] They were the first modern diving regulators. 1945: After the war, Jean Delorme, second president of the Group seeks to restore roads, renovate, develop the tool industry. 1946: Air Liquide
Air Liquide
founds La Spirotechnique
La Spirotechnique
(now Aqua Lung International), its own division destined to conceive and commercialize regulators and other diving equipment. The same year La Spirotechnique launches the CG45, the first modern regulator to be commercialized. The year 1946 represents thus the beginning of the popularisation of scuba diving. 1957: Launch of great activity and industry networking pipes irrigating several major industrial areas in the world. 1962: Launch of space adventure 1986: Deployment in the United States
United States
with the acquisition of Big Three Industries[clarification needed][7] and implementation[clarification needed] in many countries, particularly in Europe and Asia. Acquisition of SEPPIC, the French specialty chemicals company, as part of its Healthcare World Business Line. 1995: Creation of Air Liquide
Air Liquide
Health: structure, teams, a gas supply medical equipment and services, fully dedicated to the medical sector, first at the hospital, then to patients' homes. 1996: Acquisition of Schuelke and Mayr in Germany. 2001: Acquisition of Messer Griesheim
Messer Griesheim
in South Africa, Trinidad and Tobago, Canada, Egypt, Argentina
Argentina
and Brazil. 2003: Creation of a joint venture with The BOC Group in Japan: Japan Air Gases, strengthening the group's presence in the Far East
Far East
market. 2004: Acquisition of Messer Griesheim
Messer Griesheim
in Germany, UK and the USA. 2007: Acquisition of Linde Gas UK. 2007: Acquisition of the German engineering company Lurgi, which doubles the capacity of the engineering group. 2007: Acquisition of Scott Specialty Gases, LLC[8]. in the USA, UK and Netherlands. 2008: The investment company Eurazeo, which owns 5.6% since 2006 group, announces to divest its stake. 2016: Sale of Aqua Lung International
Aqua Lung International
to Montagu Private Equity. Acquisition of Airgas
Airgas
[9] 2017: Air Liquide
Air Liquide
signed an agreement with Cargill
Cargill
to build a biodiesel plant in Kansas, US. The operation is planned to start in January 2019 to produce 60M gallons of biodiesel a year. Air Liquide et Cargill
Cargill
has already built six biodiesel plants together worldwide.[10]

From 2005 to 2008, Air Liquide
Air Liquide
increased its hydrogen production by more than 50 percent.[clarification needed][11] In early 2008, Air Liquide
Air Liquide
entered a long term[clarification needed] contract with Neste Oil’s Renewable Diesel Plant to supply hydrogen.[clarification needed] Air Liquide
Air Liquide
is building a unit on Jurong Island to provide the means for the deal. They plan to turn the unit into an integrated hydrogen pipeline network that will provide services to regional companies. In November 2015, Air Liquide
Air Liquide
announced it would acquire American firm Airgas
Airgas
for a total of $13.4 billion including debt.[12] The Airgas shareholders have approved Air Liquide's acquisition on February 23, 2016.[13] On May 23, 2016, Air Liquide
Air Liquide
announced the completion of the acquisition of Airgas.[14] In December 2016, Air Liquide
Air Liquide
sold Aqua Lung International
Aqua Lung International
to Montagu Private Equity.[15][16] Corporate structure[edit] Board of Directors[edit] Comprised as follows as of February 2017:[17] Benoît Potier, current CEO of Air Liquide
Air Liquide
( Chairman
Chairman
of the Board) Pierre Dufour, current CEO and Chairman
Chairman
of Airgas Thierry Desmarest, former CEO and Chairman
Chairman
of Total SA Thierry Peugeot, former Chairman
Chairman
of Groupe PSA Karen Katen, former Vice- Chairman
Chairman
and President of Human Health for Pfizer Jean-Paul Agon, current CEO and Chairman
Chairman
of L'Oreal Siân Herbert-Jones, current CFO of Sodexo Sin Leng Low, former COO and Chairman
Chairman
of Sembcorp Annette Winkler, current CEO of Smart Automobile Philippe Dubrulle, current HR Director for Air Liquide Geneviève Berger, former Chief Research
Research
Officer and Chief Science Officer for Unilever, former physician Brian Gilvary, current CFO of BP Subsidiaries[edit] Air Liquide
Air Liquide
Global E&C Solutions Germany
Germany
GmbH (formerly Lurgi GmbH)[edit] A German engineering, construction and chemical process licensing company. The head office is located in Frankfurt
Frankfurt
am Main. Air Liquide Global E&C Solutions GmbH (formerly Lurgi GmbH) has been part of Air Liquide
Air Liquide
S. A. since 2007. Lurgi was the cable address of Metallurgische Gesellschaft founded on 5 February 1897. Its origin dates back to the technical branch of Metallgesellschaft, which had been established by Wilhelm Merton in 1881. By the end of World War I, the company had gained a foothold in the steam and absorption business and gathered expertise in the upgrading of solid fuels and the processing of the resulting gaseous and liquid products. As a consequence of this diversification, the company divided into process-specific subsidiaries, which from 1919 traded under the name of LURGI. In 1923, they jointly moved into offices at Gervinusstrasse, Frankfurt
Frankfurt
am Main. In order to meet the requirements of the international markets, Lurgi constituted itself as a German stock corporation in 1990. Its operating limited liability companies - chemistry, metallurgy and industry construction; energy and environmental techniques; gas- and mineral oil techniques – each had their own engineering and commercial staff. In 1991, Lurgi pooled its polymer activities by taking over Zimmer AG from the British Davy-McKee AG as the fourth operating company. In 2001 Lurgi sold their metallurgical division (Lurgi Metallurgie) to Outokumpu. After acquisition into the Air Liquide
Air Liquide
company, the Zimmer technology portfolio was sold in end of 2014 to Technip.[18] Air Liquide
Air Liquide
Global E&C Solutions Germany
Germany
today focuses on three primary technology portfolios:

Alternative Technology based upon turning natural gas, coal, biomass to synthetic fuels through gasification, fischer-tropsch and proprietary methanol to synthetic fuels Refinery Technology consisting of conventional refinery technologies. Renewable Technologies including biodiesel as well as bioethanol processes.

Financial data[edit]

Financial data in millions of euro

Year 2001 2002 2003 2004 2005 2006 2015

Sales 8 328 7 900 8 399 9 400 10 435 10 949 16 330

EBITDA 1 833 1 960 1 975 2 084 2 415 2 567 4 262

Net Results 460 703 725 778 933 1 002 1 756

Net Debt 2 584 2 022 1 730 3 790 3 740 3 447 7 239

Research 146 150 146 150 162 173 282

Employees 30 800 30 800 31 900 35 900 35 900 36 900 50 000+

Source :'OpesC'

By the 29 February 2016 the company had a share value of 33,434 million euros, distributed in 344,222,603 shares. References[edit]

^ a b c d e f "Annual Report 2015". Air Liquide. Retrieved 19 April 2015.  ^ "[1]." Air Liquide. Retrieved on 31 January 2011. ^ "Legal notice." Air Liquide. Retrieved on 7 July 2010. ^ Frankfurt
Frankfurt
Stock Exchange ^ "" Air Liquide
Air Liquide
in Fortune Global 500 2009", July 20, 2009. Accessed August 18, 2010. ^ Those two scuba sets made by Air Liquide
Air Liquide
are mentioned in the opening credits of the film as scaphandre autonome "air liquide" système Cousteau ("air liquide's scuba set, Cousteau system"). ^ Hayes, Thomas C.; Times, Special
Special
to the New York (1986-08-13). "French Buyer for U.s. Gas Producer". The New York Times. ISSN 0362-4331. Retrieved 2018-01-29.  ^ " Air Liquide
Air Liquide
purchases Scott Specialty Gases". Air Liquide. 2007-09-27. Retrieved 2018-01-29.  ^ " Air Liquide
Air Liquide
completes acquisition of Airgas". Air Liquide. 2016-05-23. Retrieved 2018-01-29.  ^ Joanna Sampson (Nov 24, 2017). " Air Liquide
Air Liquide
Engineering
Engineering
& Construction wins biodiesel plant contract". Gasworld.  ^ " Air Liquide
Air Liquide
signs letter of intent with ConocoPhillips to construct new hydrogen unit in the San Francisco Bay Area" Archived 2011-06-16 at the Wayback Machine., euronext.com. January 30, 2006. Accessed May 16, 2008. ^ "France's Air Liquide
Air Liquide
to buy U.S. peer Airgas
Airgas
in $13.4 billion deal". Reuters. 17 November 2015.  ^ " Airgas
Airgas
shareholders approve Air Liquide's acquisition of Airgas" (PDF). Airgas. 23 February 2016.  ^ " Air Liquide
Air Liquide
completes Airgas
Airgas
acquisition". gasworld. 23 May 2016.  ^ "Aqua Lung Sold to Private Equity Firm". X-Ray Mag.  ^ "Aqua Lung sold - End of an era with Aire Liquide". Scuba Gadget.  ^ https://www.airliquide.com/group/board-directors Air Liquide
Air Liquide
Board ^ " Technip
Technip
buys Air Liquide's Zimmer polymer technology business", oilonline.com. December 15, 2014. Accessed April 20, 2016.

External links[edit]

Wikimedia Commons has media related to Air Liquide.

Paris
Paris
portal Companies portal

Official website

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Last updated October 2015

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