Recent developments
Market conditions
Air Liquide reported Q3 2025 sales growth and record efficiencies, highlighted by a record backlog, the 200 MW ELYgator electrolyzer, and the planned acquisition of DIG Airgas. At the same time, the Port of Antwerp-Bruges saw liquid bulk decline and chemical headwinds amid volatile trade.
Footprint and assets
Air Liquide agreed to acquire NovaAir, extending industrial merchant coverage across India’s East and South and strengthening sector exposure. OTTCO and Vopak formed a joint venture in Duqm to develop storage and terminal capacity supporting traditional products and transition molecules on key routes.
Decarbonisation pathways
Commissioning of the Damlaagte PV Facility brings renewable power to Secunda’s large oxygen complex, backing emissions cuts for onsite air separation. BASF and ANDRITZ signed a license agreement for OASE blue gas treatment technology for Danish waste‑to‑energy carbon capture contingent on state funding.
Hydrogen build-out
Upstream equipment advances continue as Asahi Kasei is expanding electrolysis component production to support clean hydrogen and chlor‑alkali supply chains. Lhyfe, Euromekanik, and Hystar advanced green hydrogen projects in southern Sweden to supply clustered industrial and mobility demand. RWE progressed a hydrogen-compatible combined cycle power plant in Voerde targeting initial 50% H2 and 2030 power.