TIDMTTE 
 
 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Air Liquide are innovating to produce and valorize renewable, low carbon hydrogen at the Grandpuits zero crude platform. Under a long-term contract committing TotalEnergies to purchase the hydrogen produced for the needs of its platform, Air Liquide will invest over EUR130 million in the construction and operation of a new unit producing hydrogen. This unit will partly use biogas from the biorefinery built by TotalEnergies and will be delivered with Air Liquide's carbon capture technology Cryocap(TM) . These innovations will prevent emissions amounting to 150,000 tons of CO(2) a year compared to current processes. TotalEnergies' biorefinery will use the unit's hydrogen to produce sustainable aviation fuel.

 

In line with the two companies' shared ambition to get to net zero by 2050, the project includes sustainable and circular innovations:

   -- The new hydrogen production unit, with the capacity to produce over 
      20,000 tons a year will produce hydrogen that is partly renewable, thanks 
      to the recycling of residual biogas from the Grandpuits biorefinery, in 
      place of the natural gas that is normally used. 
 
   -- This unit will be delivered with a carbon capture technology, allowing it 
      to help reduce the platform's carbon footprint, by capturing over 110,000 
      tons of CO2 a year for reuse in food and industrial applications. 
 
   -- Most of the unit's renewable, low carbon hydrogen will be used by the 
      biorefinery itself, to produce sustainable aviation fuel, but it could 
      also be used to support sustainable mobility in the Ile-de-France region. 
 

"By recycling the biogas produced by the biorefinery into renewable hydrogen, this innovative project makes full use of the conversion of the Grandpuits refinery into a zero crude platform harnessing the potential of biomass, especially in the production of sustainable aviation fuel," said Bernard Pinatel, President, Refining & Chemicals, TotalEnergies. "Combined with the production of low carbon hydrogen and the capture of CO(2) , this project contributes to TotalEnergies' ambition to decarbonize all of the hydrogen used by its European refineries by 2030."

 

"This innovative project is characterized by the combination of several solutions in order to produce renewable and low-carbon hydrogen,and contribute to the decarbonization of TotalEnergies' Grandpuits site. It also provides the opportunity to recycle CO2 as part of a circular economy approach while securing its supply for agri-food applications. This project illustrates Air Liquide's expertise in working with its customers on customized solutions to help them reduce their carbon footprint and actively participate in the fight against global warming. It provides yet another example of the key role that hydrogen will play to succeed in the energy transition"," added Pascal Vinet, Senior Vice President and member of the Executive Committee, Air Liquide, in charge of Europe Industries activities.

 

About TotalEnergies in Grandpuits

 

Commissioned in 1966, Total's Grandpuits-Bailly-Carrois refinery was for a long time the only refinery in the Paris region. In September 2020, TotalEnergies launched a project to convert the site, in line with its strategy to become carbon neutral by 2050. This zero-crude project, with a total investment of more than 500 million euros, is based on the development of several future-oriented activities in the field of biomass, renewable energies, and the circular economy: chemical recycling of plastic waste, production of biosourced and biodegradable bioplastics, production of biofuels for the aviation sector, construction of a solar farm and electricity storage by batteries. The start-up of these new units will begin in 2022, and they should all be operational by 2025.

 

TotalEnergies and renewable & low-carbon hydrogen

 

TotalEnergies is convinced that renewable and low-carbon hydrogen will play a major role in the energy transition. The Company is working with its suppliers and partners to decarbonize all the hydrogen used in its European refineries by 2030. This represents a reduction in CO(2) emissions of 3 million tons per year. Further out, TotalEnergies aims to pioneer the mass production of renewable and low carbon hydrogen to meet demand for hydrogen fuel as soon as the market takes off, notably to help decarbonize heavy transport. The renewable hydrogen production capacity currently under development in Europe and India will contribute to TotalEnergies' ambition for new molecules - biofuels, biogas, hydrogen, and e-fuels- to reach 25% of its energy production and sales mix by 2050.

 

TotalEnergies and Sustainable Aviation Fuels

 

TotalEnergies is developing Sustainable Aviation Fuels (SAF). These are biofuels produced from waste and residues from the circular economy (animal fats, used cooking oils, etc.) and "e-jets", synthetic fuels for aviation. These sustainable aviation fuels will significantly reduce CO2 emissions from air transport

 

About TotalEnergies

 

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

 

About Air Liquide

 

A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 75 countries with approximately 66,400 employees and serves more than 3.8 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide's scientific territory and have been at the core of the company's activities since its creation in 1902.

 

Taking action today while preparing the future is at the heart of Air Liquide's strategy. With ADVANCE, its strategic plan for 2025, Air Liquide is targeting a global performance, combining financial and extra-financial dimensions. Positioned on new markets, the Group benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological expertise. The Group develops solutions contributing to climate and the energy transition--particularly with hydrogen--and takes action to progress in areas of healthcare, digital and high technologies.

 

Air Liquide's revenue amounted to more than 23 billion euros in 2021. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50 and FTSE4Good indexes.

 

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

 

Cautionary Note

 

The terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

TotalEnergies

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

 

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com

Air Liquide

Corporate Communications: media@airliquide.com

 

Investor Relations : IRTeam@airliquide.com

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20221121006010/en/

 
    CONTACT: 

TotalEnergies

 
    SOURCE: TotalEnergies SE 
Copyright Business Wire 2022 
 

(END) Dow Jones Newswires

November 22, 2022 02:30 ET (07:30 GMT)

Totalenergies (LSE:TTE)
Graphique Historique de l'Action
De Fév 2024 à Mar 2024 Plus de graphiques de la Bourse Totalenergies
Totalenergies (LSE:TTE)
Graphique Historique de l'Action
De Mar 2023 à Mar 2024 Plus de graphiques de la Bourse Totalenergies