Air Products recently announced its further involvement in the Indian industrial gases sector.
The company has publicised plans to construct three new ASUs and liquefiers for the merchant market. In addition the group will also build a fourth plant for long-term industrial gas supply to Saint Gobain Glass India. All four facilities are expected to commence operation during 2012.
Pavan K Jain, Managing Director of INOX Air Products, remarked, “We are the market leader in merchant industrial gases in India, and these new plants are part of our strategy to continue to provide efficient and reliable product to support the strong growth in India. The anticipated manufacturing growth is more than 7% annually over the next five years, and the demand for industrial gases has been steadily increasing.”
“The investments strengthen INOX Air Products’ existing substantial presence throughout India and reinforce our supply positions which we have achieved through our strong customer focus.”
The three main ASUs will produce liquid oxygen, liquid nitrogen and liquid argon for the states of Himachal Pradesh, Gujurat and Puducherry. All three locations benefit from a strong manufacturing base and strategic locations close to the principal market towns.
INOX Air Products will also construct an ASU and liquefier to cope with merchant demand as well as the long term nitrogen and hydrogen supply needs of Saint Gobain Glass India (SCGI). Existing plans indicate that the plants will be situated in the state of Rajasthan, at the nearby SCGI facility.
S N Eisenhower, Director of Operations at Saint Gobain Glass India, responded to the announcement, “A customer-focused approach was essential in gaining our business. Reliable supply is very important to our project, and we believe INOX Air Products’ industrial gas expertise will deliver on our industrial gas needs.”
The announcement augments INOX Air Products’ market presence in India. Earlier this year, the company announced a long-term contract with POSCO Maharashtra Steel Private Limited, according to which INOX Air Products would supply on-site nitrogen and hydrogen gases to its new facility in Vile Bhagad, Maharashtra, in western India.