Praxair inks another China supply deal
Industrial Distribution staff -- Industrial Distribution, 4/30/2008 7:20:00 AM
Praxair’s Chinese subsidiary inked a deal to supply oxygen, nitrogen and argon for Zhenshi Group Eastern Special Steel Co. Ltd.’s stainless steel manufacturing plant in Jiaxing, China.Praxair (China) Investment Co. Ltd. will build a new air separation plant for the steel factory that will produce 400 tons of gases a day, beginning in mid-2009.
It’s the latest in a string of Chinese supply deals for the Danbury, Conn.-based industrial gases distributor, which signed a pair of agreements to provide oxygen for water treatment facilities for the 2008 Beijing Olympics; a deal to supply a variety of gases to a Shanghai semiconductor plant; and another, 15-year contract to provide China’s largest copper producer, Jinlong Copper Co. Ltd., with oxygen and nitrogen from a new air separation plant in Tongling.
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