Air Products has announced that its joint venture in India, INOX Air Products Ltd, has brought a new air separation unit (ASU) on-stream to supply gaseous products to Essar Steel, one of the top six steel producers in India.
$quot;This new ASU is a significant milestone for our on-site business in India,$quot; said Pavan K. Jain, managing director of INOX Air Products. $quot;It puts us in a stronger position to meet our customers' increasing needs driven by the economic growth in both the steel-making sector and in overall manufacturing.$quot;
The 900 tpd ASU will supply oxygen, nitrogen and argon to support the increasing steel production of Essar Steel in Hazira, Gujarat State, under a long-term contract. The plant will also supply liquid products to meet the fast-growing demand in the local market, further strengthening INOX Air Products' leading merchant supplier position in India.
The ASU at Essar Steel is the third major on-site plant that INOX Air Products has commissioned for the Indian steel industry. Bob Dixon, vice president and general manager of Global Merchant Gases at Air Products explained, $quot;India represents a significant growth opportunity for Air Products. Our long-term contract with Essar Steel and the new plant, which is operational on schedule and on budget, demonstrates the value of our capabilities in supporting a leading steel producer.$quot;