Air Liquide has secured new hydrogen supply agreements with two of the largest refiners in the U.S. and will leverage its existing infrastructure thanks to close to US$ 50 million in targeted investments.

The investment will allow strategic upgrades to its pipeline system and new compression and distribution equipments integrated directly into its existing network. This approach enables increased supply capabilities with minimal greenfield development, leveraging Air Liquide's established assets efficiently.

Connected to the world's largest hydrogen cavern in Spindletop, Texas - owned and operated by Air Liquide - the Group’s hydrogen network infrastructure in the U.S. Gulf Coast is uniquely positioned to address the critical supply demands of large industries. By leveraging these established assets, Air Liquide can efficiently extend its reach and capacity, ensuring reliable and flexible supply for its partners.

Matthieu Giard, Group Executive Committee member, notably in charge of supervising operations in the Americas, said: "Our investment in the U.S. Gulf Coast, driven by these new long-term hydrogen agreements with key market leaders, underscores Air Liquide's commitment to supporting the evolving industrial landscape in America and strengthening its leadership. This strategic move reinforces our significant footprint in this dynamic industrial basin and reflects our broader strategy to optimize hydrogen production and supply, leveraging our existing infrastructure."