REG-TotalEnergies SE Air Liquide, Borealis, Esso, TotalEnergies and Yara Collaborate to Help Decarbonize the Industrial Basin of Normandy in France

TotalEnergies SEAnnouncement

12/07/2021 08:15

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Air Liquide, Borealis, Esso, TotalEnergies and Yara Collaborate to Help
Decarbonize the Industrial Basin of Normandy in France

 

Air Liquide, Borealis, Esso S.A.F., TotalEnergies (Paris:TTE) (LSE:TTE)
(NYSE:TTE) and Yara International ASA have signed a Memorandum of
Understanding (MoU) to explore the development of a CO(2) infrastructure
including capture and storage, to help decarbonize the industrial basin
located in the Normandy region, France. With the objective to reduce CO(2)
emissions by up to 3 million tons per year by 2030, which is equivalent to the
emissions of more than 1 million passenger cars, the first phase will consist
in studying the technical and economical feasibility of this project. This
partnership, which will seek funding from European, French and Regional
schemes, is open to other industrial parties.

The ability of industrial players to reduce their CO(2) emissions in the
medium and long term is a key issue for the sustainability of industrial
activities and ecosystems in the area of Axe Seine/Normandy. The companies
involved in the MoU have agreed to collaborate to assess the technical and
economical feasibility of implementing an industrial CO(2) capture and storage
(CCS) chain, from their industrial facilities to ultimate storage in the North
Sea.

François Jackow, Executive Vice President and a member of the Air Liquide
Group’s Executive Committee supervising Europe Industries activities, said :
“Air Liquide is pleased to contribute to this project its unique expertise
in CO(2) capture and liquefaction technologies. Since 2015 Air Liquide has
successfully implemented Cryocap(TM)
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.airliquide.com%2Fmagazine%2Fcryocap-co2-cold-capture-system-unlike-any-other-in-the-world&esheet=52458127&newsitemid=20210712005282&lan=en-US&anchor=CryocapTM&index=1&md5=3543aee030069a23b1757321e313820d)
in its plant in Port Jérôme, Normandy, an innovative proprietary CO(2)
capture and liquefaction technology, which allows to capture up to 90 % of
CO(2) emissions. This wider initiative illustrates how industrial players can
mobilize to decarbonize key industrial basins and contribute to the fight
against global warming. It is in line with Air Liquide’s Climate Objectives,
which target carbon neutrality by 2050.”

Leo Alders, Chief Operating Officer Borealis Fertilizer, Technical Nitrogen
and Melamine business said: “Our strong interest in this project is in the
first place driven by the significant GHG reduction that can be achieved. It
is our responsibility to society to seek for and engage in solutions for
climate challenges. At the same time the project is an innovative and
collaborative approach across the leading regional industries, creating new
value chains.”

Charles Amyot, CEO of Esso S.A.F. and President of ExxonMobil activities in
France, said :“ExxonMobil has more than 30 years of experience in CCS
technology and is advancing plans for more than 20 new CCS opportunities
around the world. We are pleased to collaborate on a joint study to assess the
feasibility of the deployment of CCS in the Axe Seine / Normandy area, one of
the most important technologies required to achieve society’s climate
goals.”

Bernard Pinatel, President of Refining & Chemicals and member of the
Executive Committee at TotalEnergies, said : “We are pleased to join forces
with some major industrial players of the industrial basin of Normandy to
collectively engage into a cooperation to reduce the CO(2) emissions from our
facilities. This collective effort will be facilitated by TotalEnergies’
actions in developing, with partners, CO(2) storages in the North Sea such as
the Northern Lights and Aramis' projects. This CCS initiative will contribute
to the decarbonization of our Normandy platform and is fully aligned with
TotalEnergies’ ambition to get to net zero emissions by 2050.”

Jorge Noval, President, Yara Industrial Solutions, a global division of Yara
International ASA, said : “This alliance will support Yara Industrial
Solutions’ journey to decarbonize production units and all of our value
chains. Carbon Capture and Storage is essential in achieving our mid-term
ambition of a 30 % reduction in absolute CO(2) emissions in 2030 compared to
2018, meaning a reduction of 200,000 tonnes of CO(2) emissions, equivalent to
100,000 tonnes Blue Ammonia at Le Havre production plant. We will implement
future technologies to reach carbon neutrality in 2050 in line with Yara’s
ambition. The decarbonization of our site in France will allow us to continue
developing innovative applications for our industrial customers, and the
impact on society will be significant. Our chemical industrial applications
are all around us, from construction to automotive, in animal nutrition and
NOx emission reduction as examples.”
                                                                                                                                                                                                                                                                                                                                                                               
 
                                                                                                                                                                                                                                                                                                                                                                             
 About Air Liquide                                                                                                                                                                                                                                                                                                                                                             
 
                                                                                                                                                                                                                                                                                                                                                                             
 A world leader in gases, technologies and services for Industry and Health,                                                                                                                                                                                                                                                                                                   
 Air Liquide is present in 78 countries with approximately 64,500 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.                                                                                                                                                                                                                                                                                                                              
 
                                                                                                                                                                                                                                                                                                                                                                             
 Air Liquide’s ambition is to be a leader in its industry, deliver long term                                                                                                                                                                                                                                                                                                   
 performance and contribute to sustainability - with a strong commitment to                                                                                                                                                                                                                                                                                                    
 climate change and energy transition at the heart of its strategy. The                                                                                                                                                                                                                                                                                                        
 company’s customer-centric transformation strategy aims at profitable,                                                                                                                                                                                                                                                                                                        
 regular and responsible growth over the long term. It relies on operational                                                                                                                                                                                                                                                                                                   
 excellence, selective investments, open innovation and a network organization                                                                                                                                                                                                                                                                                                 
 implemented by the Group worldwide. Through the commitment and inventiveness                                                                                                                                                                                                                                                                                                  
 of its people, Air Liquide leverages energy and environment transition,                                                                                                                                                                                                                                                                                                       
 changes in healthcare and digitization, and delivers greater value to all its                                                                                                                                                                                                                                                                                                 
 stakeholders.                                                                                                                                                                                                                                                                                                                                                                 
 
                                                                                                                                                                                                                                                                                                                                                                             
 Air Liquide’s revenue amounted to more than 20 billion euros in 2020. Air                                                                                                                                                                                                                                                                                                     
 Liquide is listed on the Euronext Paris stock exchange (compartment A) and                                                                                                                                                                                                                                                                                                    
 belongs to the CAC 40, EURO STOXX 50 and FTSE4Good indexes.                                                                                                                                                                                                                                                                                                                   
 
                                                                                                                                                                                                                                                                                                                                                                             
                                                                                                                                                                                                                                                                                                                                                                               
 
                                                                                                                                                                                                                                                                                                                                                                             
 About Borealis                                                                                                                                                                                                                                                                                                                                                                
 
                                                                                                                                                                                                                                                                                                                                                                             
 Borealis is one of the world’s leading providers of advanced and circular                                                                                                                                                                                                                                                                                                     
 polyolefin solutions and a European market leader in base chemicals,                                                                                                                                                                                                                                                                                                          
 fertilizers and the mechanical recycling of plastics. We leverage our polymers                                                                                                                                                                                                                                                                                                
 expertise and decades of experience to offer value adding, innovative and                                                                                                                                                                                                                                                                                                     
 circular material solutions for key industries. In re-inventing for more                                                                                                                                                                                                                                                                                                      
 sustainable living, we build on our commitment to safety, our people and                                                                                                                                                                                                                                                                                                      
 excellence as we accelerate the transformation to a circular economy and                                                                                                                                                                                                                                                                                                      
 expand our geographical footprint.                                                                                                                                                                                                                                                                                                                                            
 
                                                                                                                                                                                                                                                                                                                                                                             
 With head offices in Vienna, Austria, Borealis employs 6,900 employees and                                                                                                                                                                                                                                                                                                    
 operates in over 120 countries. In 2020, Borealis generated EUR 6.8 billion in                                                                                                                                                                                                                                                                                                
 sales revenue and a net profit of EUR 589 million. OMV, the Austria-based                                                                                                                                                                                                                                                                                                     
 international oil and gas company, owns 75% of Borealis, while the remaining                                                                                                                                                                                                                                                                                                  
 25% is owned by a holding company of the Abu-Dhabi based Mubadala. We supply                                                                                                                                                                                                                                                                                                  
 services and products to customers around the globe through Borealis and two                                                                                                                                                                                                                                                                                                  
 important joint ventures: Borouge (with the Abu Dhabi National Oil Company, or                                                                                                                                                                                                                                                                                                
 ADNOC, based in UAE); and Baystar™ (with Total, based in the US).                                                                                                                                                                                                                                                                                                             
 
                                                                                                                                                                                                                                                                                                                                                                             
                                                                                                                                                                                                                                                                                                                                                                               
 
                                                                                                                                                                                                                                                                                                                                                                             
 About ExxonMobil - Esso S.A.F. is a listed company with an 82.89 percent                                                                                                                                                                                                                                                                                                      
 ExxonMobil France Holding SAS interest                                                                                                                                                                                                                                                                                                                                        
 
                                                                                                                                                                                                                                                                                                                                                                             
 ExxonMobil, one of the largest publicly traded international energy companies,                                                                                                                                                                                                                                                                                                
 uses technology and innovation to help meet the world’s growing energy                                                                                                                                                                                                                                                                                                        
 needs. ExxonMobil holds an industry-leading inventory of resources, is one of                                                                                                                                                                                                                                                                                                 
 the largest refiners and marketers of petroleum products, and its chemical                                                                                                                                                                                                                                                                                                    
 company is one of the largest in the world. Learn more about our involvement                                                                                                                                                                                                                                                                                                  
 in CCS: Carbon capture and storage | ExxonMobil.                                                                                                                                                                                                                                                                                                                              
 (https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fcorporate.exxonmobil.com%2FEnergy-and-innovation%2FCarbon-capture-and-storage&esheet=52458127&newsitemid=20210712005282&lan=en-US&anchor=Learn+more+about+our+involvement+in+CCS%3A+Carbon+capture+and+storage+%7C+ExxonMobil.&index=2&md5=5c874230baa10cf2f48a76fdf9661a84)                               
 References to “ExxonMobil” in this press release are used for convenience                                                                                                                                                                                                                                                                                                     
 and may refer to one or more of Exxon Mobil Corporation and its affiliates.                                                                                                                                                                                                                                                                                                   
 
                                                                                                                                                                                                                                                                                                                                                                             
                                                                                                                                                                                                                                                                                                                                                                               
 
                                                                                                                                                                                                                                                                                                                                                                             
 About TotalEnergies                                                                                                                                                                                                                                                                                                                                                           
 
                                                                                                                                                                                                                                                                                                                                                                             
 TotalEnergies is a broad energy company that produces and markets energies on                                                                                                                                                                                                                                                                                                 
 a global scale: oil and biofuels, natural gas and green gases, renewables, and                                                                                                                                                                                                                                                                                                
 electricity. Our 105,000 employees are committed to energy that is ever more                                                                                                                                                                                                                                                                                                  
 affordable, clean, 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.                                                                                                                                                                                                                                                                                                                                       
 
                                                                                                                                                                                                                                                                                                                                                                             
 Cautionary Note - This press release, from which no legal consequences may be                                                                                                                                                                                                                                                                                                 
 drawn, is for information purposes only. The entities in which TotalEnergies                                                                                                                                                                                                                                                                                                  
 SE directly or indirectly owns investments are separate legal entities.                                                                                                                                                                                                                                                                                                       
 TotalEnergies SE has no liability for their acts or omissions. The terms                                                                                                                                                                                                                                                                                                      
 “Company” or “TotalEnergies company” refer collectively to the company                                                                                                                                                                                                                                                                                                        
 TotalEnergies SE and the companies it controls directly or indirectly. Such                                                                                                                                                                                                                                                                                                   
 terms are used solely for the sake of convenience for purposes of the present                                                                                                                                                                                                                                                                                                 
 communication. Likewise, the words “we”, “us” and “our” may also                                                                                                                                                                                                                                                                                                              
 be used to refer to subsidiaries in general or to those who work for them.                                                                                                                                                                                                                                                                                                    
 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.                                                                                                                                                                                                                                                                                                                                                                    
 
                                                                                                                                                                                                                                                                                                                                                                             
                                                                                                                                                                                                                                                                                                                                                                               
 
                                                                                                                                                                                                                                                                                                                                                                             
 About Yara International ASA                                                                                                                                                                                                                                                                                                                                                  
 
                                                                                                                                                                                                                                                                                                                                                                             
 Yara grows knowledge to responsibly feed the world and protect the planet.                                                                                                                                                                                                                                                                                                    
 Supporting our vision of a world without hunger and a planet respected, we                                                                                                                                                                                                                                                                                                    
 pursue a strategy of sustainable value growth, promoting climate-friendly crop                                                                                                                                                                                                                                                                                                
 nutrition and industrial applications with a target of zero-emission energy                                                                                                                                                                                                                                                                                                   
 solutions.                                                                                                                                                                                                                                                                                                                                                                    
 
                                                                                                                                                                                                                                                                                                                                                                             
 Our global division Yara Industrial Solutions aims to be the world leader in                                                                                                                                                                                                                                                                                                  
 nitrogen and sustainable applications for industrial markets. We offer                                                                                                                                                                                                                                                                                                        
 solutions to an extensive range of sectors - from the chemical, transport and                                                                                                                                                                                                                                                                                                 
 construction industries - right into the food chain and even people's homes.                                                                                                                                                                                                                                                                                                  
 
                                                                                                                                                                                                                                                                                                                                                                             
 Yara operates an integrated business model with around 17,000 employees and                                                                                                                                                                                                                                                                                                   
 operations in over 60 countries. We have a proven track record of strong                                                                                                                                                                                                                                                                                                      
 returns and in 2020, Yara reported revenues of USD 11.6 billion.                                                                                                                                                                                                                                                                                                              


Contacts Air Liquide

Corporate Communications

media@airliquide.com (mailto:media@airliquide.com) 

Investor Relations

IRTeam@airliquide.com (mailto:IRTeam@airliquide.com)

Contact Borealis

Kaatje Caignie

Head of Communications Borealis Fertilizers, TEN & Melamine Business

Kaatje.Caignie@borealisgroup.com (mailto:Kaatje.Caignie@borealisgroup.com)

Contact Esso S.A.F.

Esso.france@exxonmobil.com 
(mailto:Esso.france@exxonmobil.com) 
Catherine Brun : catherine.brun@exxonmobil.com 
(mailto:catherine.brun@exxonmobil.com) 
Olivier Dumas : olivier.dumas@exxonmobil.com
(mailto:olivier.dumas@exxonmobil.com)

Contacts TotalEnergies

Media Relations: +33 1 47 44 46 99

presse@totalenergies.com (mailto:presse@totalenergies.com) 

Investor Relations: +44 (0)207 719 7962 

ir@totalenergies.com (mailto:ir@totalenergies.com)

Contacts Yara International ASA

Frank De Vogelaere, SVP, Production & HESQ

frank.de.vogelaere@yara.com 
(mailto:frank.de.vogelaere@yara.com) 
Gilles Raskopf, Director Technology Projects

gilles.raskopf@yara.com (mailto:gilles.raskopf@yara.com)  



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