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Markets :: Industrial Gases

Praxair forms industrial gases JV with KuibyshevAzot in Russia

10:04 PM MDT | July 2, 2013 | Deepti Ramesh

Praxair says it has entered into a definitive agreement to form a joint venture with chemical company KuibyshevAzot (Togliatti, Russia), in central Russia’s Samara region, to produce and sell industrial gases. The jv will produce on-site oxygen, nitrogen and compressed dry air for KuibyshevAzot’s expanding caprolactam, fertilizer and ammonia production, as well as liquid oxygen, nitrogen and argon for sale to customers in the Volga region in Russia, Praxair says. Praxair and KuibyshevAzot will construct a new, energy-efficient air separation unit...

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