Sector News

Air Liquide acquires ENN Clean Energy UK

February 22, 2017
Energy & Chemical Value Chain

Air Liquide is expanding its presence in the clean energy sector after acquiring a UK-based natural gas infrastructure development firm and securing its place in a UK Government scheme worth £20m ($25m).

Air Liquide has completed the takeover of ENN Clean Energy UK, a subsidiary of China’s largest privately-owned energy company ENN Group. Financial details were not disclosed.

Under the deal, the Tier One player has added ENN Clean Energy’s natural gas stations in Wellington, Portbury and Huntingdon to its European network of over 60 bio-NGV (natural gas for vehicles) stations.

The sites will predominantly be supplied by Air Liquide’s biogas purification units in the UK, France and Sweden. Through these units, the industrial gas giant is already present in the field of biomethane production for gas grids, with this latest acquisition reinforcing its foothold in the industry.

A media release explained, “This acquisition marks an additional step in Air Liquide’s development of transportation solutions that reduce carbon dioxide (CO2) emissions from well-to-wheel in the UK.”

In addition, a project led by Air Liquide has been selected to be part of a UK Government programme worth £20m ($25m) to help the European country meet its CO2 reduction targets.

Under the scheme, which starts in April 2017, the France-based corporation will trial a fleet of 86 gas-powered trucks.

Five trucks fitted with cryogenic refrigerating units for cold storage truck transport using Air Liquide’s liquid nitrogen (N2) solutions blueezeTM instead of diesel will also be tested in the pilot project.

By Rhea Healy

Source: gasworld

comments closed

Related News

April 20, 2024

Borealis makes multi-million investment in Finnish cracker furnaces

Energy & Chemical Value Chain

The investment enables the steam cracker to increase the share of renewable and recycled raw materials used in its (ethylene and propylene) production. The move supports the Borealis Strategy 2030 for a circular economy. The Porvoo investment program is expected to be completed in 2025.

April 20, 2024

BP cuts down leadership team to ten members

Energy & Chemical Value Chain

Murray Auchincloss, bp’s CEO, said in a statement: “As I set out in February, BP’s destination from IOC [international oil company] to IEC [integrated energy company] is unchanged – and we need to deliver as a simpler, more focused, and higher-value company.

April 20, 2024

Versalis buys Italian compounder Tecnofilm

Energy & Chemical Value Chain

Founded in 1972, Tecnofilm has expanded its product portfolio over the years to offer a wider range of compounds and functional polymers for various industrial applications and technical articles. The company has patented several of its products.

How can we help you?

We're easy to reach