Air Liquide invests in a new Research and Technology Center in China

  Air Liquide invests in a new Research and Technology Center in China

Business Wire

PARIS -- July 28, 2014

Regulatory News:

On July 28, 2014, Air Liquide (Paris:AI)broke ground on its new Research and
Technology Center, the Shanghai Research & Technology Center (SRTC), located
in the industrial park of Xinzhuang, in the Minhang district of Shanghai,
China. This new center will ultimately house 200 highly skilled employees –
who include researchers, experts in customer applications, and business
development teams – to contribute to the acceleration of the Group’s
innovation in Asia-Pacific. The scientific experts of Air Liquide will be
working in several different areas of research, such as energy efficiency,
technologies designed to reduce industrial emissions of CO[2], water
treatment, and processes for preserving and freezing food. The center will be
operational at the end of 2015.

This new Air Liquide Research and Technology Centerbolstersthe Group’s
research capabilitiesin Japan and South Korea. It will be connected with the
innovation teams based in Europe and in North America. It will first focus on
bringing to market innovative solutions adapted to the usages of Chinese
customers and consumers. It will leverage the main innovation ecosystems in
China, building on existing partnerships with Shanghai Jiao Tong University,
as well as Zhejiang University and the research institutes affiliated with the
Chinese Academy of Sciences.

Covering 12,000 square meters, the center represents an investment of nearly
€25million. It will house laboratories as well as large pilot platforms with
equipment for designing and testing technologies in industrial-scale
conditions for the Group’s customers. The building is designed in compliance
with LEED certification (Leadership in Energy and Environment Design), a
global standard in sustainable building that factors in the efficient water
management, good use of energy, and the reduction of emissions.

François Darchis, member of the Air Liquide Executive Committee supervising
Innovation, commented: “This new center illustrates the Group’s commitment to
pursuing its growth in China and to developing partnerships with its
customers, as well as with the research laboratories and universities in Asia.
The Shanghai hub thusreinforces its capacity to attract talent in Asia and to
seize newgrowthopportunities through innovation.”

The Group’s innovation

- €265 million innovation expenses in 2013

- 321 new patents filed in 2013

- 6,200 employees contribute to innovation around the world, mostly in three
entities: Research & Development, advanced Business & Technologies (aB&T), and
Engineering and Construction (Global E&C Solutions). They explore new
territories, business models, technologies and services, and they support
innovation, from the idea to market maturity.

The global R&D network is based on 10 main sites in Europe, Asia, and the
United States including the Paris-Saclay Research Center (France), the
Frankfurt Research and Technology Center (Germany), the Delaware Research and
Technology Center (United States), AirLiquide Laboratories (Japan), Air
Liquide Laboratories Korea (South Korea), and the Shanghai Research and
Technology Center (China).

Air Liquide in China

operates more than 70 plants and employs 4,000 employees today, with a strong
presence in the key coastal industrial areas, and is expanding into the
center, south and west. Air Liquide also has strong Engineering and
Construction capabilities via its Global E&C Solutions division. Air Liquide
resumed the development of its activities in China in the 1970s with the
supply of Air Separation Units and restarted gas operations in 1990.

World leader in gases, technologies and services for Industry and Health, Air
Liquide is present in 80 countries with more than 50,000employees and serves
more than 2 million customers and patients. Oxygen, nitrogen and hydrogen have
been at the core of the company’s activities since its creation in 1902. Air
Liquide’s ambition is to be the leader in its industry, delivering long-term
performance and acting responsibly.

Air Liquide ideas create value over the long term. At the core of the
company’s development are the commitment and constant inventiveness of its

Air Liquide anticipates the challenges of its markets, invests locally and
globally, and delivers high-quality solutions to its customers and patients,
and the scientific community. The company relies on competitiveness in its
operations, targeted investments in growing markets and innovation to deliver
profitable growth over the long-term.

Air Liquide’s revenues amounted to € 15.2 billion in 2013, and its solutions
that protect life and the environment represented around 40% of sales. Air
Liquide is listed on the Paris Euronext stock exchange (compartment A) and is
a member of the CAC 40 and Dow Jones Euro Stoxx 50 indexes.

                    Follow us on Twitter @AirLiquideGroup


Air Liquide
Corporate Communications
Garance Bertrand, +33 (0)1 40 62 59 62
Anne Michaud, +33 (0)1 40 62 50 59
Investor Relations
Virginia Jeanson, +33 (0)1 40 62 57 37
Annie Fournier, +33 (0)1 40 62 57 18
Air Liquide R&D Communications
Nathalie Simon de Kergunic, +33 (0)1 39 07 64 11
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