Air Liquide announces new investments

Cathodic active materials (CAMs) are a key component of batteries. LG Chem's new plant will produce lithium-ion electric vehicle batteries to meet demand.
In addition to supporting LG Chem, the oxygen, argon and nitrogen produced by the ASU will support the wider industrial, medical, pharmaceutical, food production and water treatment markets in the region. Air Liquide will use electricity from renewable energy to produce low-carbon products and provide them to customers.

“This investment is in line with the Group’s ADVANCE strategic plan and its commitment to provide concrete solutions to our customers,” said Matthieu Giard, Air Liquide’s Vice President of the Americas. “As part of the long-term contract signed with LG Chem, we will bring our solutions to the service of the U.S. battery ecosystem. In addition, with this investment, Airgas will more than double its local production of liquid nitrogen, oxygen and argon, which will allow us to support the growing needs of our customers in Tennessee and surrounding states.”
This investment reflects Air Liquide's solid positioning in the new energy transition markets, including the structurally growing battery manufacturing sector. The number of electric vehicles worldwide is expected to more than double by 2030.











