Praxair (China) Investment Co. Ltd has signed a contract with Zhenshi Group Eastern Special Steel Co. Ltd. to supply oxygen, nitrogen and argon for its 500,000 tonne stainless steel project facility in northern China.
Praxair will build a new air separation plant in Jiaxing with a capacity of 400 tonnes per day and scheduled to start up in mid-2009. In addition to supplying Eastern Special Steel, Praxair will produce by-product liquids to meet the growing demand of the neighbouring markets too.
With guests from Jiaxing Municipality, Nanhu District Government, XinFeng Town, Zhenshi Group and Praxair China, a signing and groundbreaking ceremony was held at Eastern Special Steel’s plant on 29th April 2008 and further builds on the company’s presence and activities in the region.
David Chow, President of Praxair China, commented, “Winning this contract provides us with the opportunity to both demonstrate our world-class quality, service and technology to Eastern Special Steel and support the regional economic development of Jiaxing.”
Praxair (China) Investment Co. Ltd is a leading industrial gas provider in China, with headquarters in Shanghai and 15 wholly owned companies and 10 joint ventures in China.