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Praxair India signs agreement with Hospet Steels
 
Praxair India signs agreement with Hospet Steels
A leading industrial gases company Praxair has bagged a contract from the Hospet Steels for the supply of oxygen. With a capacity of 400 metric tonnes per day ,Praxair India will build,own and operate a state-of-the-art cryogenic air seperation plant under 15 - year agreement. The plant will encompass associated liquefication equipment to meet the growing needs of the market for oxygen, nitrogen and argon in South India. The plant is located in Hospet ,Karnataka where it will be authorized in early 2006.Praxair India with its subsidiaries and affiliates is a leading market share in the steel sector And is also one of the largest industrial gases player in India. Hospet Steels Ltd is an entity formed through confederation between Kalyani Steels Ltd for establishment ,operation and maintenance of the steel plant at Hospet. Managing Dir. for Praxair India said that "The new contract is a validation of Praxairs delivery commitments and high level of service and safety standards. He added further that "Praxairs air seperation units are certified ISO 14001,the only company to have this certification ,and are extremely energy -efficient and reliable."Suketu V Shah ,President and Dir Mukund Ltd Said " We are happy to be associated with Praxair India as their expertise and experience in the steel sector will ensure the highest level of reliability for oxygen supply to Hospet Steels. Patankar the Exe Dir. of Kalyani Steels said"Praxairs credibility,delivery commitment and service standards practiced at Hospet Steels for over 6 years , made it the natural choice for gas supply for the expansion requirements". Praxair Indiawhich is headquartered at Banglore is the primary industrial gases company In India, with more than 35 operating locations.
Posted On : 9/30/2005 1:32:07 PM

 
 
 
Praxair India signs agreement with Hospet Steels