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Air Liquide hub to take up societal challenges
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FRENCH industrial gas company Air Liquide yesterday opened a 25-million-euro (US$27.6 million) research and technology center in Shanghai to address issues including carbon dioxide emission reduction and waste water treatment in China and Asia-Pacific.
The center intends to tackle environmental and societal challenges, including transition to cleaner energy, carbon dioxide emission reduction, waste water treatment, urban air quality, food safety, and health care.
Located in Xinzhuang Industrial Park in Minhang District, the 12,000-square-meter center is Air Liquide’s first to focus on innovation and its fifth center globally.
In 2015, Air Liquide Asia Pacific’s gas and services revenue grew 6 percent year on year to 3.85 billion euros, which accounted for 26 percent of its worldwide gas and services revenue.
Air Liquide is confident China’s industrial gas market will grow 6 to 8 percent annually, above the government’s economic growth target of around 6.7 percent.
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