Air Liquide has announced the signature of a long-term agreement with the second largest government-owned steel company in India, Rashtriya Ispat Nigam Limited (RINL).
Reaffirming its involvement in the expanding Indian steel industry and at an investment of around €70m, Air Liquide will supply oxygen and nitrogen to meet the needs of RINL’s expansion from 3 to 6.3 millions tons per year of steel.
Located in Vizag, north of Andhra Pradesh, this new facility of industrial gases will address the south India market, complementing Air Liquide’s existing strong foothold in the north and west of India.
Air Liquide will invest, build and operate two air separation units (ASU) with a total installed oxygen capacity over 1,800 tonnes per day, scheduled to start up by the end of 2012. In addition, Air Liquide will produce large quantities of liquid gases (oxygen, nitrogen and argon) to meet the needs of the industrial and medical customers in the region.
... to continue reading you must be subscribed
