Air Liquide’s 2018 results show key role for biogas

International industrial gas and services provider Air Liquide has released its 2018 financial results.

The company highlights the development of its biomethane sector in the 2018 report, with five new production units being developed. The units were located in the United States, France, and the United Kingdom. Air Liquide also developed new biomethane investment decisions in Northern Europe and in the United States during 2018. 

Air Liquide’s Global Markets & Technologies sales were up 29.6% in 2018 at €474 million. The company attributes this growth to biogas activity.

Benoît Potier, Air Liquide Chairman and CEO, stated, “2018 was a particularly strong year, whether we are looking at sales growth to €21 billion and the rise in net profit to €2.1 billion or the efficiencies and synergies achieved as well as the high level of industrial investment decisions.”