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Praxair Expands Supply Agreement with Shaoguan Iron & Steel
Sep. 3, 2008 Praxair (China) Investment Co., Ltd. has signed a long-term supply agreement with Guangdong Shaoguan Iron & Steel Group Co., Ltd (Shaoguan Steel).
Under the new contract, Praxair China will build a large air separation plant that will supply oxygen, nitrogen and argon for Shaoguan Steel’s increased production capacity. The plant—the fourth Praxair air separation unit to be constructed at Shaoguan Steel—will increase Praxair’s total production capacity to 3550 tonnes of oxygen per day.
Praxair China has been supplying gases to the rapidly growing Shaoguan Steel, one of China’s key industrial enterprises, for nearly 10 years.
“We’re honored to play a continuing role in supporting the growth and success of the leading steel supplier in Guangdong province,” said David Chow, President of Praxair China.
The new air separation plant is scheduled to go on stream in mid-2010.
Praxair (China) Investment Co., Ltd is a leading industrial gas provider in China. Headquartered in Shanghai, it has 15 wholly owned companies, 10 joint ventures and over 1200 employees in the country with 2007 sales above $300 million.
Praxair, Inc. is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2007 sales of $9.4 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair’s products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others.