Praxair Announces Major Contract with Jiangsu Sopo for Industrial Gases Supply.SHANGHAI, China -- Praxair China, a subsidiary of Praxair, Inc. (NYSE NYSE See: New York Stock Exchange : PX) announced today that it has signed a major contract with Jiangsu SOPO SOPO Society of Procurement Officers in Local Government (UK) SOPO Special Operations and Program Officer (United States) (Group) Co., Ltd, for the supply of industrial gases to SOPO's acetic acid acetic acid (əsē`tĭk), CH3CO2H, colorless liquid that has a characteristic pungent odor, boils at 118°C;, and is miscible with water in all proportions; it is a weak organic carboxylic acid (see carboxyl group). plant. Praxair will design, build, operate, and own a state-of-the-art, large air separation unit (ASU ASU Arizona State University (Tempe, AZ) ASU Appalachian State University ASU Arkansas State University ASU Angelo State University ASU Alabama State University ASU Australian Services Union ) which is due to come on stream in 2009. The ASU will have a capacity of 3,000 tons of oxygen per day. It will be the largest single plant for sale of gas and also the largest single-train ASU to be built in Asia. The plant will be integrated with a state-of-the-art, low-cost coal-gasification process for SOPO's acetic acid plant. In addition to the oxygen produced by the plant, Praxair will also supply liquid oxygen, nitrogen and argon argon (är`gŏn) [Gr.,=inert], gaseous chemical element; symbol Ar; at. no. 18; at. wt. 39.948; m.p. −189.2°C;; b.p. −185.7°C;; density 1.784 grams per liter at STP; valence 0. to the rapidly growing market in East China. Jiangsu SOPO (Group) Co., Ltd, the largest acetic acid producer in China with a 30% market share, is located in Zhenjiang in Jiangsu Province northwest of Shanghai, one of the fastest growing industrial regions in the world. SOPO is focused on improving the cost competitiveness of its feedstocks for acetic acid production. Acetic acid is widely used in the production of adhesives, textiles, paint, paper, polyester fiber Noun 1. polyester fiber - a quick-drying resilient synthetic fiber consisting primarily of polyester polyester - any of numerous synthetic resins; they are light and strong and weather resistant and plastic bottles. "After a thorough evaluation of potential suppliers, SOPO chose Praxair to supply industrial gases for our project. We are confident in Praxair's capability as a world-class supplier to build large plants and in its commitment to high-quality products and service," said Song Qinhua, president and general manager of Jiangsu SOPO (Group) Co., Ltd. "We are deeply impressed with Praxair's professionalism, expertise and company management and look forward to working with Praxair." "SOPO has developed rapidly in recent years under its new management team to become one of the largest chemical enterprises in China and we are pleased to be their supplier," said David Chow David Chow may refer to:
The conversion of coal or coal char to gaseous products by reaction with steam, oxygen, air, hydrogen, carbon dioxide, or a mixture of these. process allows Praxair to share our technology in advanced control systems and systems integration." About Praxair China Praxair China, a subsidiary of Praxair Inc., is a leading global industrial gases supplier in China, serving a diverse group of industries through the production, sale, distribution and application of industrial gases. With over 1000 employees, Praxair China is headquartered in Shanghai and operates 13 wholly owned companies and 11 joint ventures. More information on Praxair China is available on the Internet at www.praxair.com.cn About Praxair With 28,000 employees and operations in more than 30 countries, Praxair, Inc. is a global Fortune 300 company. Praxair is the largest industrial gases company in North and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , and one of the largest worldwide, with 2005 sales of $7.7 billion. The company supplies atmospheric, process and specialty gases, high-performance coatings and related services and technologies. Praxair products, services and technologies bring productivity and environmental benefits to a wide range of industries: food and beverages, healthcare, semiconductors, chemicals, refining, primary metals and metal fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. , as well as other areas of general industry. More information on Praxair is available on the Internet at www.praxair.com About Jiangsu SOPO Jiangsu SOPO (Group) Co., Ltd was founded in 1958. With more than 4,200 employees, SOPO has developed into a large scale enterprise focusing on chemicals while actively involved in biochemical and material chemical fields. SOPO has total assets of RMB RMB Right Mouse Button RMB Regional Management Board (USACE) RMB Rolf Maier Bode (musician, band) RMB Ren Min Bi (currency of People's Republic of China) 3.4 billion (US$450 million) and 2006 sales of RMB 3.73 billion (US$479 million). It is listed as one of the 100 top petrochemical enterprises in China. More information is available on the internet at www.sopo.com.cn/en |
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