Praxair Inc. signed a long-term contract to supply industrial gases to a new steel mill being built in the northeast region of Brazil. The mill will be operated by Companhia Siderúrgica do Pecém (CSP), a joint venture between Brazil's Vale and South Korea's Dongkuk Steel and Posco Steel. Praxair will build, own and operate a 2,400-tons/day cryogenic plant that will produce gaseous and liquid oxygen, nitrogen and argon. The plant, scheduled to start up in 2016, will enable CSP to produce an expected 3 million tons of steel slabs per year.
In other news, Praxair signed a long-term contract with Taewoong Steel Co. to supply high-purity oxygen to the company’s steel mill in Busan, Korea. Praxair will construct a new 180-tons/day air separation plant and pipeline, scheduled to start up in 2016, to serve Taewoong and other existing customers. The plant will help Taewoong meet customer demand for high-quality, forged-metal products in the wind turbine, shipbuilding and power-plant sectors.