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Praxair China Extends Partnership with Meishan Steel
10/19/2010 - Praxair China and Meishan Iron and Steel Co., Ltd. have signed an agreement to modify and expand their long-term supply contract, with Praxair China increasing its oxygen, nitrogen, and argon capacities in Nanjing to meet Meishan Steel's growing demand.
Praxair China and Meishan Iron and Steel Co., Ltd. have signed an agreement to modify and expand their long-term supply contract.
Under the agreement, Praxair China will increase its oxygen, nitrogen, and argon capacities in Nanjing to meet Meishan Steel's growing demand. A new air separation plant with a capacity of 1700 tonnes per day is scheduled to start up in early 2012.
Praxair China has been supplying industrial gases to Meishan Steel for over a decade.
“We are honored to be a partner of Meishan Steel in its continued development,” said Joe Cappello, President of Praxair Asia. “In addition, we have a number of new joint technical programs under evaluation with Meishan Steel that are designed to deliver additional environmental energy efficiency and safety benefits.”
Praxair claims to offer a range of technologies that deliver higher furnace productivity at lower capital cost while improving energy efficiency, product quality, and environmental performance.
Meishan Steel, a subsidiary of Baosteel Group, has been growing rapidly in recent years. This growth is consistent with the goal of its parent company to become one of the top steelmakers worldwide.
Praxair (China) Investment Co., Ltd. is a leading industrial gas provider in China. It is headquartered in Shanghai, has 20 wholly owned companies, nine joint ventures, and more than 1300 employees in the country.
Praxair, Inc. is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2009 sales of $9 billion. The company produces, sells, and distributes atmospheric, process, and specialty gases, and high-performance surface coatings. Its products, services, and technologies are used in a variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals, and others.
