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Inox Air Products to invest Rs 645 cr to set up 6 production units in India

Proposed plants will serve the growing onsite & merchant liquid industrial gases market in India

Rakesh Rao  |  Mumbai 

Inox Air Products

producer Ltd, a joint venture between the US-based $7.5-billion & Inc and the Jain family (promoters of the Group), will invest $ 100 million (about Rs 645 crore) to build six new (ASUs) in India. Air separation unit – a manufacturing plant used to produce - separates atmospheric air into its primary components, typically nitrogen and oxygen, and sometimes also argon and other rare inert gases.

“We are very pleased to be able to announce these investments, totalling over $100 million. We are proud to be able to play our part in making Make in India a reality, as efficient and reliable supplies of are a key enabler for manufacturing,” stated Richard Boocock, president - Industrial Gases, Middle East, India, Egypt and Turkey.

The six proposed plants, which will serve the growing onsite and merchant liquid market in the country, are scheduled to come onstream during the course of 2018 and 2019.

“The investment in this capacity will bring much needed product into the Indian market. As one of the fastest growing economies in the world, we continue to invest in these projects to ensure that we are in the best position to support the continued growth of the India Economy in general, and the manufacturing industry in particular. The positioning of this capacity in key industrial regions will enable us to serve our customers with market leading efficiency and reliability,” said Siddarth Jain, director,

By building these six new plants, aims to further strengthen its position in the merchant market in India. The plants will have a combined capacity of over 1,200 metric tonnes per day of liquid product and will serve a variety of regional markets and industry segments across India such as iron & steel making, glass manufacturing and pharmaceuticals.

Headquartered in Mumbai, Air Products, through its more than 35 operating locations spread across India, manufactures and supplies including oxygen, nitrogen, helium, carbon dioxide, hydrogen, and speciality gas mixtures. The company specialises in providing products, technologies and services to a vast cross-section of industries such as chemicals, pharmaceutical, metals, steel, food, wastewater treatment, cement, glass, textiles, paint, medical, pulp & paper, etc. All activities of in India are channelled through

Air Products, with global sales of $ 7.5 billion in 2016, is one of the leading companies in the world. The company’s core business provides atmospheric & process gases and related equipment to manufacturing markets, including refining & petrochemical, metals, electronics, and food & beverage. It is also the world’s leading supplier of liquefied natural gas process technology and equipment. 

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Inox Air Products to invest Rs 645 cr to set up 6 production units in India

Proposed plants will serve the growing onsite & merchant liquid industrial gases market in India

Proposed plants will serve the growing onsite & merchant liquid industrial gases market in India
producer Ltd, a joint venture between the US-based $7.5-billion & Inc and the Jain family (promoters of the Group), will invest $ 100 million (about Rs 645 crore) to build six new (ASUs) in India. Air separation unit – a manufacturing plant used to produce - separates atmospheric air into its primary components, typically nitrogen and oxygen, and sometimes also argon and other rare inert gases.

“We are very pleased to be able to announce these investments, totalling over $100 million. We are proud to be able to play our part in making Make in India a reality, as efficient and reliable supplies of are a key enabler for manufacturing,” stated Richard Boocock, president - Industrial Gases, Middle East, India, Egypt and Turkey.

The six proposed plants, which will serve the growing onsite and merchant liquid market in the country, are scheduled to come onstream during the course of 2018 and 2019.

“The investment in this capacity will bring much needed product into the Indian market. As one of the fastest growing economies in the world, we continue to invest in these projects to ensure that we are in the best position to support the continued growth of the India Economy in general, and the manufacturing industry in particular. The positioning of this capacity in key industrial regions will enable us to serve our customers with market leading efficiency and reliability,” said Siddarth Jain, director,

By building these six new plants, aims to further strengthen its position in the merchant market in India. The plants will have a combined capacity of over 1,200 metric tonnes per day of liquid product and will serve a variety of regional markets and industry segments across India such as iron & steel making, glass manufacturing and pharmaceuticals.

Headquartered in Mumbai, Air Products, through its more than 35 operating locations spread across India, manufactures and supplies including oxygen, nitrogen, helium, carbon dioxide, hydrogen, and speciality gas mixtures. The company specialises in providing products, technologies and services to a vast cross-section of industries such as chemicals, pharmaceutical, metals, steel, food, wastewater treatment, cement, glass, textiles, paint, medical, pulp & paper, etc. All activities of in India are channelled through

Air Products, with global sales of $ 7.5 billion in 2016, is one of the leading companies in the world. The company’s core business provides atmospheric & process gases and related equipment to manufacturing markets, including refining & petrochemical, metals, electronics, and food & beverage. It is also the world’s leading supplier of liquefied natural gas process technology and equipment. 
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Inox Air Products to invest Rs 645 cr to set up 6 production units in India

Proposed plants will serve the growing onsite & merchant liquid industrial gases market in India

producer Ltd, a joint venture between the US-based $7.5-billion & Inc and the Jain family (promoters of the Group), will invest $ 100 million (about Rs 645 crore) to build six new (ASUs) in India. Air separation unit – a manufacturing plant used to produce - separates atmospheric air into its primary components, typically nitrogen and oxygen, and sometimes also argon and other rare inert gases.

“We are very pleased to be able to announce these investments, totalling over $100 million. We are proud to be able to play our part in making Make in India a reality, as efficient and reliable supplies of are a key enabler for manufacturing,” stated Richard Boocock, president - Industrial Gases, Middle East, India, Egypt and Turkey.

The six proposed plants, which will serve the growing onsite and merchant liquid market in the country, are scheduled to come onstream during the course of 2018 and 2019.

“The investment in this capacity will bring much needed product into the Indian market. As one of the fastest growing economies in the world, we continue to invest in these projects to ensure that we are in the best position to support the continued growth of the India Economy in general, and the manufacturing industry in particular. The positioning of this capacity in key industrial regions will enable us to serve our customers with market leading efficiency and reliability,” said Siddarth Jain, director,

By building these six new plants, aims to further strengthen its position in the merchant market in India. The plants will have a combined capacity of over 1,200 metric tonnes per day of liquid product and will serve a variety of regional markets and industry segments across India such as iron & steel making, glass manufacturing and pharmaceuticals.

Headquartered in Mumbai, Air Products, through its more than 35 operating locations spread across India, manufactures and supplies including oxygen, nitrogen, helium, carbon dioxide, hydrogen, and speciality gas mixtures. The company specialises in providing products, technologies and services to a vast cross-section of industries such as chemicals, pharmaceutical, metals, steel, food, wastewater treatment, cement, glass, textiles, paint, medical, pulp & paper, etc. All activities of in India are channelled through

Air Products, with global sales of $ 7.5 billion in 2016, is one of the leading companies in the world. The company’s core business provides atmospheric & process gases and related equipment to manufacturing markets, including refining & petrochemical, metals, electronics, and food & beverage. It is also the world’s leading supplier of liquefied natural gas process technology and equipment. 

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