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Air Liquide history
Air Liquide company history timeline
On November 8, 1902, a public limited company was incorporated with capital of 100,000 French francs subscribed by 24 shareholders.
Industrial gas production and distribution has remained at the core of Air Liquide’s business since its founding in 1902.
In 1903 Delorme issued 725 new shares and offered 100 of these shares for sale.
By the third quarter of 1906, L'Air Liquide had overcome its financial problems, and during that year the company earned its first dividends.
As early as 1916 L'Air Liquide entered into a joint venture with Rockefeller and Hollingsworth to form L'Air Reduction Company in the United States.
Claude regarded the oceans as the most abundant yet untapped source of energy on the globe, and during the 1930's he began experimenting with thermodynamic principles to take advantage of this energy source.
He was released from prison in 1950.
During the 1960's gas sales declined, and most of the major industrial gases manufacturers began to diversify their companies.
Unlike most industries, gases producers usually perform well during a recession; the real cost of gases actually declined during the 1970's.
In 1985 the company entered into a joint venture with Whemo Denko of Japan to supply NASDA, the Japanese Space Agency, with liquid hydrogen.
L'Air Liquide, however, acquired Big Three Industries of Texas in 1986 for $1.6 billion.
Business attitudes in France began to shift during 1986 in reaction to policies previously implemented by the former Socialist government.
The sale of agricultural fertilizers, utilizing air gases, declined in 1986, as part of an overall decline in the agricultural sector as a result of poor weather conditions and a weaker United States dollar.
The Delaware Research & Technology Center (DRTC), one of Air Liquide’s nine major R&D centers worldwide, was established in Newark, Delaware in 2007.
In 2008 Air Liquide SA, the parent company of the Air Liquide Group, and Air Liquide Santé International, its healthcare subsidiary, launched the Air Liquide Foundation.
From the start, the Foundation supports many employee-sponsored “micro-initiatives” in dozens of countries, such as education projects in Japan after the March 2011 tsunami.
The Foundation’s five-year mandate is renewed in 2013.
A 2nd five-year renewal of the Foundation is validated in 2018.
In 2019 the Foundation decides to pursue longer scientific partnerships.
In 2020, as a response to the COVID-19 crisis, the Foundation receives extra funding from its sponsors, both for scientific research on the disease and for emergency aid to fragile populations.
In 2021, for the first time, the Foundation gets direct funding from Air Liquide shareholders for four projects.
© Air Liquide Foundation 2022
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Air Liquide competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Calsonic Kansei North America | 2001 | $1.9B | 7,500 | - |
| Mack Trucks | 1900 | $1.5B | 2,000 | - |
| Ashland | 1924 | $2.2B | 6,500 | 46 |
| Hach | 1947 | $990.0M | 2,806 | 52 |
| Bosch Security Systems Inc | 1968 | $68.0M | 1,200 | - |
| Dionex Corporation | 1968 | $590.0M | 1,500 | - |
| Tronox | 2006 | $3.1B | 7,000 | 2 |
| Global Electronics | - | $4.3M | 20 | - |
| FMC | 1883 | $4.2B | 6,500 | 11 |
| Xylem | 2008 | $8.6B | 17,000 | 663 |
Air Liquide history FAQs
Zippia gives an in-depth look into the details of Air Liquide, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Air Liquide. The employee data is based on information from people who have self-reported their past or current employments at Air Liquide. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Air Liquide. The data presented on this page does not represent the view of Air Liquide and its employees or that of Zippia.
Air Liquide may also be known as or be related to Air Liquide, Air Liquide US LLC and Air Liquide USA LLC.