BOC India wins major contract from JSW Steel Ltd
Bangalore, June 6 (UNI) BOC India Limited, a subsidiary of The BOC Group Plc., one of the world's largest industrial gases companies, has entered into a long-term contract with JSW Steel Limited to supply gases for an expansion programme underway at the steel company's plant at Bellary in Karnataka.
Under the contract, BOCI would supply JSW Steel over 3,000 tonnes per day of gaseous oxygen, nitrogen and argon from a custom-built air separation unit (ASU). To meet this requirement, BOCI would set up one of the largest build-and-operate onsite ASU in the country, according to a company release here today.
The state-of-the-art ASU would meet all of JSW Steel's gases requirements and would also produce liquid products to meet the growing demand from customers in South India. This ASU, which would be one of BOC's largest in Asia, was expected to be commissioned in 2008, the release said.
JSW Steel Joint Managing Director and CEO Dr B N Singh said ''BOC was able to provide the best technical solution for our gases requirement, this along with their reputation for quality and reliability was key in our selection of BOC to support our expansion programme.'' ''We value our relationship with JSW Steel and with the gases requirement of nearly 4,500 MTPD from the expansion alone, they will become BOCI's largest customer in India,'' BOCI Managing Director ER Raj Narayanan said.
This contract followed an earlier agreement signed last year with JSW Steel to supply its Bellary site with 1,400 tonnes per day of oxygen and nitrogen. An ASU was currently under construction by a BOC joint venture, with commercial production expected to begin later this year. In addition to its major air separation plants in Jamshedpur, Tarapur and Taloja, BOCI had recently commissioned its latest merchant ASU in Hyderabad.
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