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Stock Market & Financial Investment News

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January 21, 2013
19:00 EDTPXPraxair unit signs a long-term contract with JSW Steel Ltd.
Praxair India Private Limited, a subsidiary of Praxair, said it has signed a long-term contract with its existing customer, JSW Steel Ltd., part of the O.P. Jindal Group. Praxair will expand the supply of gaseous oxygen, nitrogen and argon to JSW’s steel mill located in Tornagallu, Bellary, in the state of Karnataka. The supply contract will help the company to expand its steel production at Bellary from 10 to 12 million tons per year.
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April 9, 2014
09:02 EDTPXPraxair starts up air separation plant in Peru
Praxair announced the start-up of a new 270 tons per day air separation plant in Pisco, located in the central region of Peru. Under a long-term contract, Praxair will increase its supply of oxygen to Aceros Arequipa to meet the company’s expanding steel production capacity. The new supply will enable Aceros Arequipa to expand its production of corrugated iron, steel wire rods and other steel products used in Peru’s construction sector. Aceros Arequipa produces more than 1M tons of steel products annually.

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