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INOX Air Products: major expansion in India

INOX Air Products has announced an investment of more than INR 600 Crore regarding plans for a massive expansion in its capacities by adding four air separation units (ASU) and liquefiers across India…

INOX Air Products has announced an investment of more than INR 600 Crore regarding plans for a massive expansion in its capacities by adding four air separation units (ASU) and liquefiers across India. All four new plants, which will enhance INOX Air Products merchant capacity by about 60%, are scheduled to come on stream during 2012. INOX Air Products is a joint venture between the INOX Group and Air Products (US), and is one of the largest manufacturers of industrial gases in India with 36 plants. The new plants will be set up in Himachal Pradesh, Gujarat, Puducherry, and Rajasthan. INOX Air Products has a long term supply contract of industrial gases with Saint Gobain Glass India (SGGI), for a float glass plant in Rajasthan, expectedd to be one of the largest in the world.

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