The group specializing in industrial gases has acquired the “largest oxygen production site in the world” in South Africa for 480 million euros.
The French industrial gases group Air Liquide announced on Thursday that it had finalized the acquisition of the “largest oxygen production site in the world”, in South Africa, for around 480 million euros, according to a statement. These 16 factories – “Air Separation Units” (ASU) – are located in Secunda and belonged to the South African group Sasol. Their production capacity is “is 42,000 tons per day”, it is specified.
“The finalization of this transaction represents a key step in our partnership with Sasol, with whom we have worked for 40 years. Our objective is to combine operational efficiency and reduction of CO2 emissions while contributing significantly to the development of the South African economy. “, said Benoît Potier, CEO of Air Liquide, quoted in a press release.
“Reduce by 30% to 40% the CO2 emissions linked to the production of oxygen over the next ten years”
In line “with our strategy and with our commitment to achieve carbon neutrality by 2050, this operation illustrates our desire to act now in favor of the climate and local ecosystems”, he emphasizes. Air Liquide also indicates that it has, with Sasol, launched a call for tenders to supply 600 megawatt (MW) of renewable energy to the Secunda site by 2025.
“This call for tenders is part of a common commitment to secure a renewable energy supply of up to 900 MW by 2030,” the press release explains. “The implementation of all of these solutions will enable Air Liquide to reduce CO2 emissions linked to the production of oxygen by 30% to 40% over the next ten years”, in accordance “with the group’s commitments. in terms of climate “, indicates the group.
As part of this operation, Air Liquide specifies that it “welcomes the more than 220 former employees who [exploitaient] these units until now within the Group’s teams working on the site, where it already operates a 17th ASU “.