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I prefer, he said, to put all my eggs in a basket of which I hold the handle. Never in debt, in the short, medium or long term. Better to call on shareholder-partners than bankers. But it also does not give in to the fashion of subsidiaries, used in the 1920s for rapidly growing activities: The
145:, his classmate and friend, developed a process for liquefying air in order to separate its components. Delorme and Claude invested an initial sum of 7,500 francs, spent on the purchase of a compressed air engine, used for three years, in a small room in the La Villette depot that the
188:". In reality, the international development strategy accommodates subsidiaries which are only fully integrated into the parent company once their activity has been consolidated, sparing Air Liquide in the event of the bankruptcy of one of them.
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In 1930, the company's growth was successful with almost non-existent debt, the few issues of debt securities representing only 15% of the liabilities, in accordance with the financial doctrine of its president:
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to Canada to create a factory on land in the eastern suburbs of
Montreal, which was a great success, but the latter died in the sinking of the
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In 1902, Paul
Delorme brought together 24 subscribers, mainly other engineers, to financially support the industrial project, in the form of a
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Air
Liquide S.A. share of 100 francs, issued in Paris on 10 July 1937, with signature of Paul Delorme as president of the company
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company in 1902, of which he was the first president, before passing the reins of the group to his son Jean
Delorme, in 1945.
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company must remain centralized, holding complete ownership of its materials and installations everywhere and at all times
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From 1906, he led international expansion, in
Belgium, Italy, Japan and Hong Kong, then in 1913 its IPO, among the
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His son, Jean
Delorme, took over in 1945, then stepped aside to his own son-in-law, Édouard de Royère, in 1985.
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113:) was a French physicist and chemist who became an industrialist after participating in the founding of the
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Paul
Delorme was the son of an industrialist who ran a lace factory. Paul attended
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344:"Le patron de l'Air liquide s'en va sans lézard et laisse un dauphin"
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Business Story : Air
Liquide, l’innovation plein gaz
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293:"Air Liquide, ce géant qui marche à l'hydrogène"
256:"L'Air Liquide : une exception française"
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191:From 1928, it was the 17th largest French
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219:Base Leonore : Paul Maurice Delorme
16:French engineer and inventor (1868–1956)
415:People from Saint-Maurice, Val-de-Marne
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231:"13. Georges Claude et l'air liquide"
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385:20th-century French businesspeople
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139:Thomson-Houston Electric Company
147:Compagnie Générale des Omnibus
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400:20th-century French inventors
395:20th-century French engineers
291:Cazale, Victor (2023-07-24).
390:20th-century French chemists
149:had made available to them.
43:Saint-Maurice, Val-de-Marne
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324:(in French). 1985-06-18
262:(in French). 2002-11-07
237:(in French). 2003-08-13
342:Coignard, Jacqueline.
318:"Au bénéfice de l'âge"
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420:Scientists from Paris
193:market capitalization
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109:– 7 December 1956 in
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410:ESPCI Paris alumni
405:Air Liquide people
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165:René Jacques Lévy
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297:Entreprendre
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197:World War II
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103:Paul Delorme
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60:(1956-12-07)
39:26 July 1868
23:Paul Delorme
380:1956 deaths
375:1868 births
350:(in French)
322:Le Monde.fr
299:(in French)
161:coulissiers
135:ESPCI Paris
115:Air Liquide
92:Engineering
76:Air Liquide
369:Categories
354:2024-04-28
348:Libération
328:2024-04-28
303:2024-04-28
266:2024-04-28
241:2024-04-28
206:References
35:1868-07-26
260:Les Echos
235:Les Echos
121:Biography
173:Shanghai
49:, France
169:Titanic
89:Fields
111:Paris
47:Paris
55:Died
29:Born
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