Praxair to supply industrial gases to Russian steel manufacturer

12 January 2011 10:14  [Source: ICIS news]

LONDON (ICIS)--Praxair Rus has signed a contract to supply oxygen, nitrogen and argon to Russian steel company NTMK, the company said on Wednesday.

Praxair’s Russian subsidiary will build new air separation plants and will supply more than 3,000 tonnes/day of industrial gases to NTMK at its Nizhniy Tagil site in the centre of the industrial region of Sverdlovsk, central Russia, the company said.

The new plants were scheduled to start up in late 2013 and would replace older air separation plants. They would produce liquid products for the local market.

No financial details of the deal were disclosed.

NTMK’s parent company Evraz Group is a large vertically-integrated steel, mining and vanadium business with operations in Russia, Ukraine, Europe, US, Canada and South Africa.

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By: Hilde Ovrebekk
+44 20 8652 3214

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