Praxair China and Meishan Iron and Steel Co., Ltd., a subsidiary of Baosteel Group, have signed an agreement to modify and expand their long-term supply contract.
Under the agreement, Praxair China will increase its oxygen, nitrogen and argon capacities in Nanjing to meet Meishan Steel’s growing demand as well as to deliver added values in energy efficiency, product quality and safety.
A new air separation plant with a capacity of 1,700 tons per day is scheduled to start up in early 2012.
Meishan Steel has been growing rapidly in recent years, which is consistent with the goal of its parent company, Baosteel, to become one of the top steel makers worldwide. Praxair China has been supplying industrial gases to Meishan Steel for over a decade now.
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