Chart Energy & Chemicals, Inc., has announced that it has been awarded a significant contract from Praxair Asia.
The wholly owned subsdiary of Chart Industries will supply brazed aluminium heat exchangers for a Praxair air separation unit (ASU) to be located in Zhenjiang, China. The ASU will supply industrial gases to an acetic acid plant operated by Jiangsu Sopo Group and is due to come on stream in 2009. Once completed, the ASU is expected to have the capacity to produce 3,000 metric tons of oxygen per day. The gas plant will be integrated with a coal-gasification unit that Sopo is building to provide feedstock to its acetic acid plant.
$quot;This award from Praxair comes at a time when Chart is experiencing an increase in orders across much of China,$quot; said Sam Thomas, Chief Executive Officer and President of Chart Industries, Inc. He explained further, $quot;Chart has a history of supplying Praxair with its brazed aluminum heat exchanger technology and looks forward to delivering another successful project to the Praxair team and its customer Jiangsu Sopo Group.$quot;