Praxair Starts Up Air Separation Plant for Steel Authority of India Limited
March 19 2014 - 7:45AM
Business Wire
Praxair, Inc. (NYSE:PX) today announced the start-up of the
first of two 1,250 metric tons per day air separation units at
Steel Authority of India’s (SAIL) Bhilai, India facility. The plant
will provide a reliable and energy efficient supply of gaseous
oxygen, nitrogen and argon under a long term contract to support
SAIL’s expansion activities. This is Praxair’s first large project
in the state of Chhattisgarh and central India.
The facility will also produce liquid oxygen, nitrogen and argon
to further support growing industrial and medical gases needs in
the states of Chhattisgarh, Madhya Pradesh and parts of
Maharashtra.
“Praxair has worked with Steel Authority of India since 2006,
when we first signed our contract to supply industrial gases to
their Durgapur facility,” said John Panikar, president, Praxair
Asia. “We are proud to further strengthen our relationship with
SAIL and we thank them for their confidence in us.”
“This plant will also expand Praxair’s merchant capabilities in
central India and consolidate our presence in this growing market,”
said Anuj Sharma, managing director of Praxair India. “Further,
Praxair’s innovative applications technologies will help customers
optimize costs and productivity, improve quality, as well as enable
them to meet increasingly stringent environmental regulations.”
About Praxair
Praxair, Inc., a Fortune 250 company with 2013 sales of $12
billion, is the largest industrial gases company in North and South
America and one of the largest worldwide. The company produces,
sells and distributes atmospheric, process and specialty gases, and
high-performance surface coatings. Praxair products, services and
technologies are making our planet more productive by bringing
efficiency and environmental benefits to a wide variety of
industries, including aerospace, chemicals, food and beverage,
electronics, energy, healthcare, manufacturing, metals and many
others. More information about Praxair, Inc. is available at
www.praxair.com.
Praxair, Inc.Media:Jason Stewart,
203-837-2448jason_stewart@praxair.comorInvestors:Kelcey Hoyt,
203-837-2118kelcey_hoyt@praxair.com
P10 (NYSE:PX)
Historical Stock Chart
From Aug 2024 to Sep 2024
P10 (NYSE:PX)
Historical Stock Chart
From Sep 2023 to Sep 2024