Praxair India Ltd. (PIL) plans to capitalize on the growing market for industrial gases spurred by industrial development in Tamil Nadu.
Addressing the dedication ceremony of Praxair“s Rs 60-crore a…
Praxair India Ltd. (PIL) plans to capitalize on the growing market for industrial gases spurred by industrial development in Tamil Nadu. Addressing the dedication ceremony of Praxair“s Rs 60-crore air-separation facility at Sriperumbudur, Kanchipuram district recently, Mr. Indrajit Mookerjee, Managing Director of PIL, said the plant would cater to Saint-Gobain float glass facility“s industrial gas requirement. In addition, surplus gases would be marketed to a wide band of consumers. PIL“s air-separation plant was dedicated to the nation by the Tamil Nadu chief minister, Mr. M. Karunanidhi. The Tamil Nadu Industries Secretary, Mr. Sakthikanta Das, said the Government was taking proactive measures to ensure smooth implementation of projects. It was focusing on quality in addition to quantity in project implementation. The number of mandays lost in 1999-2000 was less than 0.5%. Information technology was a major thrust area, and software exports had jumped to Rs. 1,914 crores in 1999-2000 compared to Rs. 37 crores in 1995-96. About 95 per cent of exports was high-end software. Tamil Nadu, and Chennai in particular, was being recognised as a favoured destination for software industries, he said. Company officials said the facility had a capacity to produce 125 tonnes per day of gaseous nitrogen, 100 tonnes of liquid oxygen, 12 tonnes of liquid nitrogen and 160 cu.m. per hour of gaseous hydrogen. The 100% subsidiary of the US-based Praxair had entered into a 10-year agreement with Saint-Gobain to supply the latter“s requirement of gaseous hydrogen and nitrogen. PIL also inaugurated a community development project at Pondur village near the facility. The project would focus on providing health care, education, drinking water and sanitation facilities.