Sep 5 2008
Industrial gases producer Praxair Inc. said Thursday its subsidiary, Praxair China, signed a long-term supply contract with Anhui HuaYi Chemical Co., an affiliate of Shanghai HuaYi Co., one of the largest chemical groups in China supplying fine and specialty chemicals.
Terms were not disclosed.
Under the agreement, Praxair (nyse: PX - news - people ) China will build another of the largest single-train air separation plants in Asia. The plant, due to be opened in early 2011, will supply 3,000 tons of oxygen per day for the Wuwei coking project of Anhui HuaYi, which is located in Anhui Province.
Coke is a fuel used in steel production.
Praxair is building a similar plant for another Chinese customer in Jiangsu Province. Both plants will supply oxygen to gasification units, which will provide feedstock to the chemical industry.