KuybyshevAzot OAO: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
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Praxair Enters into Industrial Gas Joint Venture with KuybyshevAzot OAO-ENP Newswire
ENP Newswire reported that Praxair Inc has entered into a definitive agreement to form a joint venture with KuybyshevAzot OAO (KuibyshevAzot), in central Russia’s Samara region, to produce and sell industrial gases. The joint venture will produce on-site oxygen, nitrogen and compressed dry air for KuibyshevAzot’s expanding caprolactam, fertilizer and ammonia production, as well as liquid oxygen, nitrogen and argon for sale to customers in the Volga region. Praxair and KuibyshevAzot will construct a new, energy-efficient air separation unit that will produce 1,400 tons per day of oxygen, nitrogen and argon and is scheduled to start-up mid-2016. The joint venture will also own and operate KuibyshevAzot’s existing air separation unit, which produces 2,000 tons per day of oxygen, nitrogen and argon. The merchant liquid supply will support the surrounding industrial region, including energy, automotive and other manufacturing customers.
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