Praxair Starts up New Air Separation Plant in India

Fri Jan 18, 2013 9:45am EST

* Reuters is not responsible for the content in this press release.

BANGALORE, India--(Business Wire)--
Praxair India Private Limited, a subsidiary of Praxair, Inc. (NYSE: PX), India`s
leading industrial gases supplier, announced the start-up of its third
production facility to supply Usha Martin Limited, India`s leading wire and wire
rope manufacturer. The plant will supply gaseous oxygen and nitrogen to support
Usha Martin`s expansion. 

The new plant utilizes Praxair`s energy-efficient technology and has a
production capacity of approximately 130 tons per day of gaseous oxygen and 65
tons per day of gaseous nitrogen. Praxair India has supported Usha Martin`s
Jamshedpur steel mill since 2000, where the company has been operating two
oxygen plants with a capacity of 220 tons per day of oxygen. 

"Praxair has been serving the global iron and steel industry for over 70 years,"
said Mr. Asit Gangopadhyay, managing director of Praxair India. "Usha Martin is
a leading specialty steel manufacturer in India and we are proud to have been
chosen to be part of their expansion," added Mr. Gangopadhyay. 

"To support our expansion plans, we need technically strong and reliable
suppliers," said Dr. Vijay Sharma, joint managing director, Usha Martin Limited.
"We have been highly satisfied with Praxair`s services over the years and are
confident that their global expertise in industrial gases will help us meet the
growing demand for our products." 

"We value Praxair`s energy-efficient air separation plant design and execution
capabilities, as well as their commitment to safety and operational efficiency,"
said Mr. Rajeev Jhawar, vice chairman and managing director, Usha Martin
Limited. "We believe this will support us in achieving our long-term operational

About Praxair India

Praxair India, a wholly owned subsidiary of Praxair Inc., started operations in
1996 and is headquartered in Bangalore. Praxair has invested over Rs.2,500
Crores (US$565 million) in India to meet the country`s growing industry
requirements and has evolved into India`s largest industrial and medical gases
supplier serving varied industry segments including steel, refineries,
petrochemicals, glass, automobile, shipbuilding and healthcare. Praxair India
has 35 locations across the country employing more than 600 people. 

About Praxair

Praxair, Inc. 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 is available on the Internet at

Kelcey Hoyt, Investors (203) 837-2118 -
Jacqueline Hunt, Media (203) 837-2663 -

Copyright Business Wire 2013

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