Air Separation unit part of AM/NS’ pan-India expansion
INOX Air Products (INOXAP), one of Indian-American partnerships manufacturing Industrial & Medical Gases, is to set up its 5th cryogenic Air Separation Unit at ArcelorMittal Nippon Steel India Ltd’s (AM/NS India) Hazira Plant under a Rs.300 crore contract. This is a part of the Japanese-Indian group’s larger expansion plans across India.
The installation of the 5th ASU by INOXAP at Hazira will give shape to India’s largest single-operator onsite Industrial Gas Complex on a BOO basis, which will support the first major expansion in India by ArcelorMittal, world’s largest steel company, after the acquisition of Essar Steel.
It will support the first major expansion in India by ArcelorMittal, world’s largest steel company, after the acquisition of Essar Steel.
The cryogenic ASU unit would have the capacity to generate 700 TPD of Gaseous Oxygen and 300 TPD of Gaseous Nitrogen along with other liquid gases. Once completed, the Gas Complex would have a combined production capacity of more than 9,000 TPD of industrial gases, said INOXAP in a release on 8 Feb 2021.
Siddharth Jain, Executive Director – INOX Air Products, shared his views on the contract, “We are indeed honoured by the continued trust ArcelorMittal management has reposed on us for supporting them in their growth plans.
“The new contract for setting up yet another ASU underlines our reliability, commitment and consistency to our strategic customer.
‘The deployment, which is projected to be commissioned in a record period of 15 months, will make us the proud operators of country’s largest onsite Industrial Gas Complex on BOO basis, that too in a plant operated by ArcelorMittal, the largest steel manufacturer in the world,” Jain said on 8 Feb 2021.
Commenting on the contract, Wim Van Gerven, Chief Operating Officer of AM/NS India, said, “We are pleased to partner with INOX Air Products for yet another Oxygen Plant at our Hazira facility as we begin our first major expansion in India post the acquisition of Essar Steel. Looking at our long term relationship, we are confident that INOX Air Products will support us in our growth journey, as we prepare ourselves to cater to the country’s growing steel demand.”
The 5th cryogenic Air Separation Unit would supply the Oxygen and Nitrogen gases required to meet the additional demand due to the phased brownfield expansion of AM/NS India’s capacity from the current 7.2 MTPA to 8.6 MTPA.
INOXAP’s long term, onsite gas supply partnership with AM/NS India began in year 2005, when erstwhile Essar Steel awarded a contract for a 885 TPD Cryogenic ASU on BOO basis. This relationship achieved newer heights when INOXAP was chosen as a preferred partner to outsource the majority of its captive ASUs resulting into INOXAP acquiring all 3 ASU assets of 1700 TPD capacity each from Essar Steel in 2015 and entered into a long term contract for supply of all Industrial Gases on a BOO basis.
INOXAP has been servicing the needs of the Indian Steel Industry for over 45 years now. As an integrated Industrial Gas supplier, INOXAP offers efficient solutions including Application Technology in areas like BF Enrichment, EAF O2 Lancing, Ladle Furnace Pre-Heating (Oxy- Fuel Burners), RHF Enrichment, Argon Oxygen De-carburization, Oxy-Fuel Assisted Melting and Molten Metal Blanketing (MMB) in Induction Furnace, and supplies of Industrial Gases for the same, either through on-site ASUs or through bulk supplies from its 44 plants across the country.
INOX Air Products offers a unique portfolio of gases, equipment and services through a massive manufacturing capacity of 3,300 TPD of liquid gases delivered from 44 operating locations. With our extensive network of operations, and a vastly diverse client ecosystem, INOX Air Products empowers more than 1,800 small, medium and large manufacturing organizations across dozens of sectors, enabling and empowering them on their way to achieve their vision.
Established in 1963 by the Jain Family as Industrial Oxygen Company Ltd in Pune, the company aimed to augment and capitalize upon the rapid industrialization taking place in the country. In 1999, Air Products & Chemicals Inc., USA acquired a 50% stake in the company, giving birth to INOX Air Products. The venture remains till date, one of the longest Indo-American partnerships in the manufacturing sector. #project #tenders #contract #manufacturing #investment /fiinews.com
