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Praxair China Signs Contract with Oxiranchem Yangzhou

SHANGHAI, Oct. 23, 2012/PRNewswire/ -- Praxair China signed a long-term contract with Oxiranchem Yangzhou Co., Ltd. to supply on-site industrial gases to this new customer at the chemical park located in Yangzhou, Jiangsu province.

Oxiranchem Yangzhou Co., Ltd. is a wholly-owned subsidiary of Liaoning Oxiranchem, Inc., a National Key High-Tech Enterprise of China in the fine chemical industry. It’s engaged in the production of ethylene oxide and fine chemical new materials of related derivatives.

Praxair China will construct and operate an air separation plant with capacity of 500 tons oxygen per day, which is planned to start up in 2014 in Yangzhou Chemical Industry Park to supply oxygen and nitrogen for the 200,000 tons/year ethylene oxide and 300,000 tons/year derivative fine chemical new material project of Oxiranchem Yangzhou Co., Ltd. located in the same Park.

“We’re proud to demonstrate our strong commitment to Oxiranchem’s project in Jiangsu province,” said Dr. Minda Ho, president of Praxair China. “And, we are honored to be selected as the pipeline industrial gases supplier for Yangzhou Chemical Industry Park.”

About Oxiranchem

Liaoning Oxiranchem, Inc. is a high-tech industrial company focused on research, production and sale of ethylene oxide derivative fine chemicals. Its leading products are crystalline silicon cutting liquid for photovoltaic industry, water reducing agent for high-performance cement, polyethylene glycol, etc. It’s National Innovative Enterprise and National Key High-Tech Enterprise of PRC. More information about Oxiranchem is available on the Internet at www.oxiranchem.com

About Praxair China

Praxair (China) Investment Co., Ltd is a leading industrial gas provider in China headquartered in Shanghai. It has 22 wholly owned companies, 10 joint ventures and over 1,400 employees in the country. More information on Praxair China is available on the Internet at www.praxair.cn

About Praxair

Praxair, Inc. (NYSE: PX), is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2011 sales of $11 billion.  The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings.  Praxair products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair, Inc. is available on the Internet at www.praxair.com  

Source: Praxair (China) Investment Co., Ltd
Keywords: Chemical Oil/Energy
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