INOX Air Products to Construct Fifth ASU for AM/NS India
Air Products’ India joint venture company INOX Air Products has received a contract from AM/NS India to set up its fifth cryogenic Air Separation Unit at Hazira Plant. At an investment of INR 300 crore, INOXAP’s fifth cryogenic ASU at AM/NS India’s Hazira plant, would have the capacity to generate 700 tonnes per day of Gaseous Oxygen and 300 tonnes per day of Gaseous Nitrogen along with other liquid gases. Once completed, the Gas Complex would have a combined production capacity of more than 9000 tonnes per day of industrial gases.
The 5th cryogenic Air Separation Unit at its Hazira Plant would supply the Oxygen and Nitrogen gases required to meet the additional demand due to the phased brownfield expansion of AM/NS India’s capacity from the current 7.2 million tonnes per year to 8.6 million tonnes per year. This expansion is a part of their larger expansion plans across India.
For INOXAP, the new contract is a continuation of a relationship that dates back to 2005, when Essar Steel, under the Ruias, had awarded a contract for an 885 tonnes per day Cryogenic ASU on a BOO basis. Later, INOXAP was chosen as a preferred partner to outsource the majority of its captive ASUs resulting into INOXAP acquiring all three ASU assets of 1,700 tonnes per day capacity each from Essar Steel in 2015, and entered into a long term contract for supply of all industrial gases on a BOO basis.