Inox Air Products, one of India’s largest manufacturers of industrial and medical gases, has bagged a contract to set up the fifth cryogenic air separation unit (ASU) at the Hazira plant of ArcelorMittal Nippon Steel India, as it gears up for expansion.
Inox Air Products (INOXAP) said that the installation of the fifth ASU at Hazira will give shape to India’s largest single operator onsite industrial gas complex on a build-own-operate (BOO) basis, which will support the first major expansion in India by ArcelorMittal after the acquisition of Essar Steel.
ArcelorMittal had acquired Essar Steel jointly with Nippon Steel in