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News Breaks
January 28, 2014
09:09 EDTPXPraxair signs long-term supply agreement in Brazil
Praxair has signed a long-term contract to supply industrial gases to a new steel mill being built near the Port of Pecem in an international free trade zone in the state of Ceara, located in the northeast region of Brazil. The mill will be operated by Companhia Siderurgica do Pecem, a joint venture between Brazilian Vale and South Korean Dongkuk Steel and Posco Steel. Praxair will build, own and operate a 2,400 tons per day cryogenic plant that will produce gaseous and liquid oxygen, nitrogen and argon. The plant will enable CSP to produce an expected 3M tons of steel slabs annually, which will largely be exported for further processing by CSPís Korean partners. The plant is expected to start up in 2016. The new plant will also serve merchant and packaged gas customers in a variety of sectors across the northern and northeastern regions of Brazil, including food and beverage, metal fabrication, healthcare and automotive.
News For PX From The Last 14 Days
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May 26, 2015
20:50 EDTPXBernstein to hold a conference
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May 15, 2015
08:31 EDTPXPraxair announces price increases effective June 1
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May 14, 2015
09:32 EDTPXPraxair signs long-term supply agreement in India
Praxair announced it has signed a long-term contract with Gerdau in India for the supply of gaseous oxygen to the companyís blast furnace in Tadipatri, Andhra Pradesh. Gerdau is the largest long steel producer in the Americas and one of the leading suppliers of special long steel in the world. Praxair will build, own and operate an 80 tons per day non-cryogenic vacuum-pressure-swing-adsorption plant, which is expected to start up in 2016. Gerdauís steel facility has an installed capacity to produce 300,000 tons of special steel per year, primarily for automotive, defense, railways and related industries.

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