In 2024, Air Liquide is celebrating an incredible achievement: 70 units of its cutting-edge cryogenic solution, Turbo-Brayton, have been ordered, setting a new sales record for the company. This marks a significant moment for the French energy giant, which continues to push the boundaries of innovation in the maritime transport sector. The success of this technology, originally designed for space exploration, has already generated €1 billion in revenue over the last six years and shows no signs of slowing down.
Turbo-Brayton Technology Shatters Sales Records for Air Liquide
Air Liquide’s Turbo-Brayton cryogenic solution has garnered significant attention due to its transformative role in the maritime industry. Originally developed for space missions, it was used to store biological samples on the International Space Station (ISS). However, the technology was cleverly adapted to address challenges in the maritime transport sector, particularly in the transportation of liquefied natural gas (LNG).
Turbo-Brayton is a plug-and-play system that requires no preventative maintenance and has an exceptionally low power consumption. Its efficiency and reliability have made it a favorite in maritime transport, and the company’s record-breaking sales in 2024 underscore its growing importance within the industry.
A Seamless Fit for the Maritime Sector
The primary challenge for LNG carriers is the re-liquefaction of evaporating gas during transit. Turbo-Brayton provides an elegant solution to this issue by maintaining LNG in its liquid state, enabling better use of onboard storage. Whether on new vessels or those undergoing modernization, the system ensures that ships can operate efficiently, keeping energy use low and minimizing emissions.
A High-Growth Revenue Stream for Air Liquide
The rapid adoption of the Turbo-Brayton system is proving to be a game-changer for Air Liquide, generating substantial revenue. Over the past six years, more than 250 units of the system have been sold, contributing over €1 billion to the company’s coffers. With 2024 marking a dramatic increase in orders, the future looks bright for the company as it cements its position as a leader in the maritime sector.
Regulatory Compliance and Safety
Turbo-Brayton’s success is not just about its performance—it also aligns perfectly with the stringent regulations governing emissions and the evaporation of gases in the maritime industry. By meeting safety standards and environmental protection guidelines, the technology positions Air Liquide at the forefront of the push for greener, more sustainable practices in the energy and transport sectors.
Operational Advantages
Beyond the environmental benefits, Turbo-Brayton offers key operational advantages. Its implementation on LNG carriers allows for better energy resource management, optimizing transportation processes and enhancing the efficiency of LNG logistics. This makes it a crucial asset for companies looking to improve the sustainability and effectiveness of their operations.
Air Liquide’s Commitment to Innovation
Air Liquide is a global leader in gases, technologies, and services for the industrial and healthcare sectors, with a presence in over 60 countries and more than 66,000 employees worldwide. In 2023, the company reported a €27.61 billion revenue and a €3.08 billion net income, marking an 11.6% increase from the previous year. Air Liquide’s commitment to research and development is reflected in its impressive investment portfolio, with €4.2 billion allocated to ongoing projects as of the third quarter of 2024.
With the growing success of Turbo-Brayton and other innovations, Air Liquide is proving that its forward-thinking approach to technology and sustainability is setting new standards in the industry. As the company continues to develop innovative solutions for the energy and maritime sectors, the future of transport and energy appears brighter than ever.
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Jason R. Parker is a curious and creative writer who excels at turning complex topics into simple, practical advice to improve everyday life. With extensive experience in writing lifestyle tips, he helps readers navigate daily challenges, from time management to mental health. He believes that every day is a new opportunity to learn and grow.
