DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) has started up a large air separation plant in northern China for the Yankuang Guohong Chemical Co., Ltd facility in Zoucheng City. Yankuang Guohong Chemical Co., Ltd is a subsidiary of Yankuang Group, which has total assets of RMB 40 billion.
Through a long-term contract, Praxair’s 3,000-ton-per-day plant will efficiently and reliably supply on-site oxygen and nitrogen to Yankuang and replaces the existing customer-owned air separation units. Praxair’s industrial gases will be used in the coal gasification process for the production of methanol and downstream chemicals.
“Praxair’s world-class air separation plant is helping Yankuang achieve energy efficiency while providing enhanced safety and reliability performance,” said Will Li, president of Praxair China. “The success of this project is due to the strong cooperation between our companies, and we look forward to continuing a long and successful commercial relationship.”
Praxair, Inc., a Fortune 250 company with 2014 sales of $12.3 billion, is the largest industrial gases company in North and South America and one of the largest worldwide. 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, primary metals and many others. More information about Praxair, Inc. is available at www.praxair.com.