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Praxair to Supply Oxygen for JSW Steel’s Vijaynagar Facility
Sep. 26, 2007 JSW Steel has selected Praxair India to meet its industrial gas needs for the expansion of its steel plant in Vijaynagar from 6.8 to 10 million tonnes per year by 2010.
Praxair will build and operate a state-of-the art, 1800-tonnes-per-day air separation plant equipped with advanced process controls and energy-efficient process cycles.
“JSW is happy to select Praxair as its partner for meeting part of its industrial gases requirement for its expansion plans,” said Mr. Sheshagiri Rao, Director—Finance, JSW.
Praxair will also install significant storage capacity for liquid oxygen, liquid nitrogen and liquid argon, primarily to meet JSW's requirements. Excess capacity will be used to supply merchant liquids to the fast-growing region of southern India.
Jindal Praxair Oxygen Co. Limited (JPOCL) currently supplies JSW's highly efficient Corex process. JPOCL—a joint venture between JSW Steel and Praxair—operates two of the largest air separation plants in India with a combined oxygen capacity of 5000 tonnes per day.
JSW Steel is the flagship company of the JSW Group, one of the fastest-growing industrial companies in India, with extensive operations in the steel, power, cement, aluminum and infrastructure industries. The group reported revenues of U.S. $2.5 billion for the fiscal year ended March 31, 2007. JSW Steel is ranked No. 8 among the top 20 world-class steel producers and plans to grow its basic steel making capacity in India to 30 million tonnes (33 million tons) per year.
Headquartered in Bangalore, Praxair India is the largest industrial gas producer in India, with more than 35 operating locations. Praxair India’s parent company, Praxair, Inc., is the largest industrial gases company in North and South America, and one of the largest worldwide with 2006 sales of US $8.3 billion. The company produces, sells and distributes atmospheric and process gases, and high-performance surface coatings. Praxair products, services and technology bring productivity and environmental benefits to a wide variety of industries.