More than $100 million will be invested by Inox Air Products Ltd., Air Products’ joint venture in India, to build six air separation units (ASUs) in the country.
The plants, which are scheduled to come on-stream during the course of 2018 and 2019, will have a combined capacity of over 1,200 metric tons per day of liquid product. They will serve regional markets and industry segments such as pharmaceuticals, iron and steelmaking, and glass manufacturing.
Inox Air Products' industrial gas market presence in India will continue to grow. The ASUs further strengthen the company’s established leadership position in the merchant industrial gases market in India.