Praxair India Expands Growth with Small On-Site Plants
September 10, 2013
Praxair India Private Limited, a subsidiary of Praxair, Inc. (NYSE: PX), today announced it has signed two long-term contracts with JSW Steel, to operate small on-site nitrogen plants in support of the company’s expansion efforts in the cities of Kalameshwar and Tarapur, located in the state of Maharashtra. The nitrogen will be used in the manufacturing processes for both cold rolled and galvanized steel at these locations.
Praxair is also finalizing construction of a nitrogen plant for EPCOS India Private Ltd., a part of TDK-EPC Corporation, a manufacturer of passive electronic components such as soft ferrites and inductive components in Kalyani, West Bengal. In addition, Praxair recently started up a small nitrogen plant for United Phosphorus Ltd., a global agrochemicals company in Jhagadia, Gujarat. Praxair is successfully expanding its presence in India through projects like these, which combine state-of-the-art applications technologies with the right production and supply systems to meet the growing needs of its customers.
“Praxair’s small on-site plants provide flexibility and supply reliability for our customers, enabling them to focus on their core offerings rather than their industrial gas requirements,” said Anuj Sharma, managing director, Praxair India. “Applications technologies provided by Praxair also support our customers in their efforts to be more energy efficient, increase productivity, improve environmental performance and optimize costs. Customers with smaller gas requirements who want to outsource their industrial gas needs have found Praxair’s small on-site plants provide them with the right solution.”
Praxair, Inc., a Fortune 250 company with 2012 sales of $11 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.