INOX Air Products awarded contract for setting up 2 x 1800 TPD ASUs at Tata Steel’s Meramandali Plant at Odisha | INOX
INOX Air Products awarded contract for setting up 2 x 1800 TPD ASUs at Tata Steel’s Meramandali Plant at Odisha | INOX

INOX Air Products awarded contract for setting up 2 x 1800 TPD ASUs at Tata Steel’s Meramandali Plant at Odisha | INOX

INOXAP’s first-ever collaboration with Tata Steel for a Long Term Onsite Contract

This project would entail the largest Greenfield investment ever made by INOXAP

This would be INOXAP’s largest Liquid Gases manufacturing facility, with capacity in excess of 600 TPD of Liquid Gases

Mumbai, 12th May 2023: INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases has been awarded a contract by Tata Steel for setting up 2 Air Separation Units (ASUs) at Tata Steel’s Meramandali Plant, located in Dhenkanal district of Odisha. Each of the two ASUs will have the capacity to produce 1800 Tons of Oxygen per day, besides Nitrogen and Argon. The ASUs will also have a provision to generate rare gases. The ASUs will be commissioned with an investment of around Rs 1300 Crores, making it the single largest Greenfield investment ever made by INOX Air Products. INOXAP’s first-ever collaboration with Tata Steel would coincide with an ongoing steel capacity expansion for the renowned steel major. While leveraging its state-of-the-art infrastructure and cutting-edge technology, the investment also signifies INOXAP's commitment to expanding its presence in the East Indian region and strengthening its market share as India’s largest industrial gases manufacturer. The development also consolidates INOXAP’s position as a preferred onsite merchant supplier. Sharing his views on the prestigious contract, Siddharth Jain, Managing Director – INOX Air Products added, “As we enter an exciting new phase of growth, we are extremely proud to partner with Tata Steel, one of India’s topmost and world’s leading steel manufacturers. Our first-ever onsite partnership with Tata Steel also marks our largest ever Greenfield investment and also the facility with the largest Liquid Gases manufacturing capacity at a single location of more than 600 TPD. We are grateful to them for choosing us to support them in their capacity expansion journey, as the association underlines our reliability and customer-centricity. The development would strengthen our market leadership, besides augmenting our presence in Eastern India. The plants would underscore our unwavering commitment to delivering top-notch onsite services to some of the biggest names in the Indian manufacturing sector. With our extensive experience and steadfast commitment to country’s growth in a sustainable manner, we are well poised to propel the industrial progress in the country.” Talking about the contract, Avneesh Gupta, Vice President TQM and Engineering & Projects, Tata Steel Ltd. said, “We are pleased to collaborate with INOX Air Products on this significant partnership, as we continue to strengthen the operations of our Steel Works at Meramandali, Odisha. We look forward to this association for leveraging INOXAP's expertise in reliably delivering high-quality industrial gases, which will play a crucial role in supporting our growth ambitions contributing to our ongoing success story in the steel industry”. INOXAP has been servicing the needs of the Indian Steel Industry for over 60 years now. As an integrated Industrial Gas supplier, INOXAP offers efficient solutions including Application Technology in areas like BF Enrichment, EAF O2 Lancing, Ladle Furnace Pre – Heating (Oxy – Fuel Burners), RHF Enrichment, Argon Oxygen De-carburization, Oxy – Fuel Assisted Melting and Molten Metal Blanketing (MMB) in Induction Furnace, and supplies of Industrial Gases for the same, either through on-site ASUs or through bulk supplies from its 47 operating locations across the country. With a dedicated approach in operating ASUs and successful local implementation of global best practices, INOXAP has a proven track record of delivering the least downtime in the Gas industry and one of the best in class safety record due to its unwavering focus on maintaining maximum critical spares. Photo Caption: From L to R - Chithra Sharma - Chief Commercial, Engineering and Projects, Tata Steel Ltd., Siddharth Jain, Managing Director – INOX Air Products, Avneesh Gupta, Vice President TQM and Engineering & Projects, Tata Steel Ltd. and Subir Ganguly, Head - Onsite Business Development, INOX Air Products.

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    INOXAP’s 21.3 MWp Captive Solar Power Plant commissioned in Unnao, Uttar Pradesh | INOX
    INOXAP’s 21.3 MWp Captive Solar Power Plant commissioned in Unnao, Uttar Pradesh | INOX

    INOXAP’s 21.3 MWp Captive Solar Power Plant commissioned in Unnao, Uttar Pradesh | INOX

    This is INOXAP’s largest investment in renewable energy

    Plant is commissioned by Sunsure Energy

    Plant would generate 3.1 Cr units of Green Power and enable an offset of

    Mumbai, 24th Apr, 2023. INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases, has commissioned a 21.3 MWp Open Access captive Solar Power Plant at Bangarmau in Unnao, Uttar Pradesh. INOXAP’s first dedicated Solar Power Plant is also the largest investment made by the Company in renewable energy. The plant has been commissioned by one of India’s leading solar energy power developers, Sunsure Energy.

    Built with an investment of 100 Cr, this solar power plant will be supplying over 3.1 Crore units of green power to INOXAP’s units in Uttar Pradesh, enabling an offset of 28,000 tonnes of CO2 every year, for the next 25 years. Taking inspiration from the UNSDGs, INOXAP has assigned topmost priority to sustainable and environment-friendly operations, and has been making giant strides towards reducing its dependence on fossil fuels in order to lower its carbon footprint.

    Commenting on the commissioning of the plant, Siddharth Jain, Managing Director - INOX Air Products said, "With the commissioning of our first Open Access captive Solar Power Plant in India, we have taken a giant step towards our Net Zero goals. While we are expanding our footprint to augment the rapid growth in the manufacturing sector, we are also ensuring that we perform our duties in a completely sustainable and responsible manner, by manufacturing with Green fuels, and thereby supplying Green Oxygen & Industrial Gases. With the commissioning of this plant, we will offset a significant amount of carbon emission, and contribute towards a cleaner and greener future. We extend our sincere gratitude to Sunsure Energy for their strong execution capabilities and partnership in achieving our sustainability goals.” The project was completed within a record time of 9 months, showcasing INOXAP’s robust and strategic intent to enhance dependence on renewable fuels. The Company aims to increase the share of Green Oxygen in its overall Oxygen production, by increasing the use of renewable energy across its ASUs in India.

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      INOX Air Products joins hands with TP Saurya Bandita Limited for setting up of 40MWp captive solar plant | INOX
      INOX Air Products joins hands with TP Saurya Bandita Limited for setting up of 40MWp captive solar plant | INOX

      INOX Air Products joins hands with TP Saurya Bandita Limited for setting up of 40MWp captive solar plant | INOX

      The plant in Dhule would supply power to all INOXAP ASUs in Maharashtra

       Use of solar energy from this plant to reduce INOXAP’s carbon footprint by 48,000 tons annually

        Mumbai, 4th April 2023:  INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases has joined hands with TP Saurya Bandita Limited, a special purpose vehicle of Tata Power Renewable Energy Ltd, for setting up captive solar plant at Dhule, Maharashtra. The solar power project with a capacity of a 40MWp, would cater to the energy needs of the Air Separation Units operated by INOXAP in the state of Maharashtra.  Inspired by the United Nations Sustainable Development Goals, INOXAP has been undertaking numerous sustainability initiatives and environment-friendly operations. This project aligns with INOX Air Products' long-term strategy to reduce dependency on fossil fuels, lower the carbon footprint of the nation, and manufacture Green Medical & Industrial Gases. The use of solar power from this plant would allow INOXAP to reduce its carbon footprint by 48,000 tons annually.  Speaking about the historic development, Siddharth Jain, Managing Director – INOX Air Products added, “Running our operations in a sustainable and responsible fashion has always been a top priority at INOXAP. This is a significant step towards our long-term strategy to reduce our dependency on fossil fuels and lower our carbon footprint by 48,000 tons. We have always endeavored to live our vision through our business strategy and through our efforts to protect the environment and ensure a greener future, and that is what has inspired us to make Green Industrial Gases. We look forward to make the most of this association, and fetch maximum benefits, for the environment as well as for our stakeholders.”    Speaking on the partnership Mr. Ashish Khanna, CEO, Tata Power Renewable Energy Ltd said “We are delighted to partner with INOX Air Products and leverage our expertise in renewable energy to create a dedicated captive solar plant in Maharashtra. This consolidates our position as one of the best companies to partner with, for green energy needs and we are looking forward for long and sustainable relationship with INOX”.

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        INOX Air Products to set up its 6th Air Separation Unit at ArcelorMittal Nippon Steel’s Hazira Plant, Gujarat | INOX
        INOX Air Products to set up its 6th Air Separation Unit at ArcelorMittal Nippon Steel’s Hazira Plant, Gujarat | INOX

        INOX Air Products to set up its 6th Air Separation Unit at ArcelorMittal Nippon Steel’s Hazira Plant, Gujarat | INOX

        ASU to produce 1000 TPD of gaseous oxygen and 1000 TPD of gaseous nitrogen along with other liquid medical and industrial gases

        Installation of 6th ASU by INOXAP at the Hazira plant will scale up India’s largest onsite industrial gas complex

          Mumbai, 27th March, 2023: INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases, has announced that it has been awarded a prestigious contract for setting up its 6th Air Separation Unit (ASU) at the Hazira Unit of ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel, two of the world’s leading steelmakers. The ASU will have the capacity to produce 1000 Tons Per Day of Gaseous Oxygen and 1000 Tons Per Day of Gaseous Nitrogen, besides other liquid medical and industrial gases. The ASU will be commissioned within a time span of 23 months. INOXAP’s currently operational 5 ASUs at the AM/NS India’s Hazira facility make it India’s largest onsite industrial gas complex with a combined capacity to produce 9000 TPD of industrial gases. The commissioning of the 6th ASU would scale up the combined capacity of the industrial gas complex to 11,100 TPD. Speaking about the historic development, Siddharth Jain, Director – INOX Air Products added, “The contract for setting up the 6th ASU at AM/NS India’s Hazira facility is a unique distinction accorded to us, recognizing our reliability, commitment and consistency in delivering high quality product and services. It is indeed a matter of immense pride for us to be an integral part of AM/NS India’s growth plans. We are buoyed with the prospect of further scaling up the capacity of India’s largest onsite industrial gases complex. We are committed to ensure that our capex plan fructifies in a productive manner, and stays on course to deliver upon its objective of augmenting the growth of India’s infrastructure and manufacturing sectors and push our country closer to its vision of a $5 trillion economy within the next few fiscals.” Wim Van Gerven, Director and Vice President (Operations), AM/NS India, said “We are pleased to partner with INOX Air Products on further expansion of India’s largest onsite industrial gas production complex. This project will play an important role in supporting AM/NS India’s ongoing steel manufacturing expansion programme at Hazira, aided by our mission to create Smarter Steels for Brighter Futures. This initiative will also strengthen our commitment to contribute to India’s growth story.” INOXAP’s long term, onsite gas supply partnership with AM/NS India began in year 2005, when erstwhile Essar Steel awarded a contract for a 885 TPD Cryogenic ASU on BOO basis. This relationship achieved newer heights when INOXAP was chosen as a preferred partner to outsource the majority of its captive ASUs resulting in INOXAP acquiring all 3 ASU assets of 1700 TPD capacity each from Essar Steel in 2015 and entered into a long-term contract for supply of all Industrial Gases on a BOO basis. In 2022, INOXAP gave the partnership a new dimension of speed and precision by commissioning the 5th ASU at the Hazira site in a record time creating new global benchmark in the industrial gases industry. INOXAP has been servicing the needs of the Indian steel industry for close to 5 decades now. As an integrated Industrial Gas supplier, INOXAP offers efficient solutions including Application Technology in areas like BF Enrichment, EAF O2 Lancing, Ladle Furnace Pre–Heating (Oxy– Fuel Burners), RHF Enrichment, Argon Oxygen De-carburization, Oxy–Fuel Assisted Melting and Molten Metal Blanketing (MMB) in Induction Furnace, and supplies of Industrial Gases for the same, either through on-site ASUs or through bulk supplies from its 47 plants across the country.

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          INOXAP strengthens position in Tamil Nadu with commissioning of its 5th Air Separation Facility at Hosur | INOX
          INOXAP strengthens position in Tamil Nadu with commissioning of its 5th Air Separation Facility at Hosur | INOX

          INOXAP strengthens position in Tamil Nadu with commissioning of its 5th Air Separation Facility at Hosur | INOX

          Plant e-Inaugurated by Hon CM Thiru MK Stalin today

          With a Liquid Oxygen manufacturing capacity of 150 TPD, the new plant takes INOXAP’s

          total Liquid Qxygen production capacity in the State from 150 TPD to 300 TPD

          The plant will fulfil the Oxygen demand of more than 100 hospitals and medical colleges

          as well as cater to the industrial gas needs in the state

          Built with an investment of INR 150 Cr, the new plant would strengthen INOXAP’s

          leadership position in the country

          Hosur, 18th February 2023: Hon'ble Chief Minister of Tamil Nadu, Thiru M K Stalin,today inaugurated a new Ultra-High Purity Cryogenic Medical Oxygen and Industrial Gases Plant, commissioned by INOX Air Products (INOXAP) at SIPCOT Phase II in Hosur,Tamil Nadu, with a manufacturing capacity of 200 Tons Per Day (TPD). INOXAP is India’s largest manufacturer of Industrial & Medical Gases with a Liquid Medical Oxygen production capacity of 3400 TPD across its 47 operating locations. The Air Separation Plant, which was commissioned in just 20 months, will produce ultra-high purity cryogenic medical oxygen and industrial gases including Liquid Nitrogen & Liquid Argon. With a potential to produce 150 Metric Tonnes of Liquid Oxygen per day, the plant now takes INOXAP’s current Liquid Oxygen manufacturing capacity in the State from 150 Metric Tonnes to 300 Metric Tonnes per day. The new plant will help to fulfil the oxygen demand of more than 100 hospitals in the state of Tamil Nadu, as well as cater to the industrial gases needs of various industries. Commissioned with a project outlay of Rs 150 Crores, the new plant will also generate 150 direct and indirect employment opportunities in the state. With a storage capacity of 1000 Metric Tonnes and a robust distribution infrastructure,INOXAP can ably perform this critical task of Liquid Medical Oxygen supplies with its fleet of 63 specialized Cryogenic Tankers having a total trunking capacity of 7.5 lakh litres of Oxygen. With the latest addition, INOX Group has further strengthened its commitment to serving the nation by ensuring an uninterrupted supply of medical oxygen as well as supporting the government’s vision of building a self-reliant India. Commenting on the newly commissioned Air Separation Unit, Siddharth Jain, Director - INOX Air Products said, “We are grateful for the support extended by the Government of Tamil Nadu under the leadership of Hon’ble Chief Minister Thiru M K Stalin. The commissioning of the Ultra-High Purity Cryogenic Medical Oxygen and Industrial Gases Plant in Hosur marks a significant milestone for us in our journey of servicing the nation’s growth. Our latest addition enhances our ability to ensure a continuous supply of medical oxygen, support the state's healthcare infrastructure, create employment opportunities, and contribute to the state’s overall economic growth.Our team worked tirelessly to ensure the project is delivered on time, and I would like to thank everyone for their efforts. INOX Air Products is committed to supporting the government’s vision and contributing to the welfare of the nation.” INOX Air Products presently operates four gas plants in the state of Tamil Nadu, located in Manali, Salem, Sriperumbudur, and Tirunelveli. With the addition of the fifth plant in Hosur, INOXAP's partnership with the state of Tamil Nadu will be further enhanced.

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            In a global first, INOX Air Products commissions oxygen plant in 15 months, at ArcelorMittal’s Hazira Unit | INOX
            In a global first, INOX Air Products commissions oxygen plant in 15 months, at ArcelorMittal’s Hazira Unit | INOX

            In a global first, INOX Air Products commissions oxygen plant in 15 months, at ArcelorMittal’s Hazira Unit | INOX

            Global industry standard for ASU design-to-commissioning is 27 months

            ASU to produce 700 TPD of gaseous oxygen and 300 TPD of gaseous nitrogen along with other liquid medical and industrial gases

            Installation of 5th ASU by INOXAP at the Hazira Unit gives shape to India’s largest onsite industrial gas complex

            Mumbai, 31st May, 2022: INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases has announced that it has completed the commissioning of its 5th Air Separation Unit (ASU) at the Hazira Unit of ArcelorMittal Nippon Steel India (AM/NS India).  The entire process from design to commissioning took 15 months, compared to a global industry standard of 27 months, setting a new benchmark in the industrial gases industry.  The ASU, installed with an investment of INR 350 Cr, has a capacity to produce 700 Tons Per Day of Gaseous Oxygen and 300 Tons Per Day of Gaseous Nitrogen, besides other liquid medical and industrial gases. On completion, the gas complex now has a combined production capacity of more than 9000 TPD of industrial gases. INOXAP’s engineers began working on the ASU in February 2021, with a severely shortened completion deadline to enable AM/NS India to meet the enhanced requirements for oxygen and nitrogen as it expanded steel manufacturing at its flagship Hazira plant from 7.2 MTPA to 8.6 MTPA. INOXAP’s engineering feat was achieved against the headwinds of the second wave of COVID-19 and disruptions to global shipping supply chains due to geopolitical developments, which slowed the movement of critical equipment and raw material required for the ASU. The ongoing commodity crunch has additionally held up the delivery of sub-contracted equipment. Siddharth Jain, Executive Director – INOX Air Products adds, “In the process of setting up our 5th ASU at the Hazira Unit, we have rewritten the ASU installation timelines in the global industrial gases business landscape. We have created new benchmarks with our innovative approach towards engineering and project management, with meticulous execution. We are proud to have added new dimensions of speed, precision and reliability to Make in India.”

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              INOX Air Products to set up 2150 TPD Oxygen Plant at SAIL Bokaro Steel Plant | INOX
              INOX Air Products to set up 2150 TPD Oxygen Plant at SAIL Bokaro Steel Plant | INOX

              INOX Air Products to set up 2150 TPD Oxygen Plant at SAIL Bokaro Steel Plant | INOX

              This will be the INOXAP’s largest–ever investment in a Greenfield Oxygen Plant

              The new Air Separation Unit will be INOX Air Product’s 2nd Plant at the Bokaro Site.

              Mumbai, 7th March 2022: INOX Air Products (INOXAP), India’s largest manufacturers of Industrial & Medical Gases is all set to build its 2nd Cryogenic Air Separation Unit (ASU) at the Steel Authority of India’s (SAIL) Bokaro plant in Jharkhand. With an estimated investment of INR 750 crore, the project will be INOXAP’s largest-ever investment in a Greenfield Oxygen Plant in India. The state-of-the-art ASU will generate 2150 tonnes per day (TPD) of Industrial Gases, including 2000 TPD of Gaseous Oxygen, 150 TPD of Liquid Oxygen, 1200 TPD of Gaseous Nitrogen & 100 TPD of Argon. Once the ASU is commissioned, INOXAP’s combined production capacity at SAIL’s Bokaro Plant will be more than 6300 TPD for all gases.  Sharing his views on the signing of the prestigious contract, Siddharth Pavan Jain, Director – INOX Air Products said, “The signing of this contract with SAIL brings us an immense sense of pride and excitement. While this is going to be our largest ever Greenfield investment till date, it is also a testimonial to the reliability and consistency in our work. We are committed to service the country’s growth drive, through our capacity augmentation and expansion in areas where it matters the most, besides strengthening our leadership position. SAIL’s role in India’s growth journey has been phenomenal, and for us to be able to partner them in their endeavours serves an inspiration to us, as we do our bit for the nation. The new ASU would hugely augment the availability of the vital Liquid Medical Oxygen, not only in Eastern India, but across the country. Overall, the signing of the new ASU strongly reiterates our East-focused growth intent.”  INOXAP’s long term onsite gas supply partnership with Steel Authority of India (SAIL), one of the largest steel producers in India, began in year 2008 with the setting up of its 1st cryogenic ASU of 1250 TPD capacity on BOO basis at Bokaro Steel Plant followed by another ASU at SAIL’s Salem Plant with a capacity of 108 TPD in 2011.    As an integrated Industrial Gas supplier offering customized and effective solutions, INOXAP has been servicing the needs of the Indian manufacturing and healthcare sector for more than 6 decades now. Through its 45 ASUs located across the country, INOXAP manufactures more than 3300 TPD of liquid gases, aimed to strengthen and promote inclusive growth in the existing as well as upcoming medical & industrial growth corridors across the country. The enhanced availability of medical & industrial gases from the new ASU at Bokaro would aid the medical & industrial growth in Jharkhand and Eastern parts of the country, constant supplies for electronic manufacturing and pharmaceutical sector, besides helping iron, steel and automobile industries to ramp up their production capacities.   Having played a crucial role in country’s battle against COVID-19, INOXAP also looks to enhance the supplies of Liquid Medical Oxygen with this new ASU. With its mammoth capacity, the ASU will almost double the availability of Medical Oxygen for INOXAP in Eastern India. During COVID-19, INOXAP catered to more than 2/3rd of the country’s Medical Oxygen demand in the country, by ensuring 24X7 production across all 45 ASUs, supplying to more than 800 hospitals through a dedicated fleet of 550 cryogenic transport tanks and 600 drivers.  

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                INOX Group unveils ‘Aayega India’ campaign to support Team India at Tokyo 2020 Olympics | INOX
                INOX Group unveils ‘Aayega India’ campaign to support Team India at Tokyo 2020 Olympics | INOX

                INOX Group unveils ‘Aayega India’ campaign to support Team India at Tokyo 2020 Olympics | INOX

                The campaign features the star athletes MC Mary Kom, Manika Batra and Vikas Krishan Yadav

                The campaign anthem honors the unflinching pride established in the hearts of billions of Indian sports fans who firmly believe that “India will arrive” at the big stage – Tokyo 2020 

                The anthem also pays rich tributes to the athletes’ resilience & the determined spirit to succeed against all odds, and be the shining light which inspires the country towards a happier and brighter future

                Mumbai, 14th July, 2021: As the Official Sponsor of the Indian Olympic Team, INOX Group today unveiled the ‘Aayega India’ campaign to support and cheer Team India at the Tokyo 2020 Olympics. The campaign featuring Boxers MC Mary Kom & Vikas Krishan Yadav along with Table Tennis player Manika Batra, honors the unflinching and unwavering pride prevalent in the hearts of billions of Indian sports fans who firmly believe that “India will arrive” at the big stage – Tokyo 2020 Olympic, scheduled from 23rd July till 8th August 2021. While narrating the sentiment of an Indian fan, who feels as much a part of Team India, as the athletes themselves, the campaign also pays rich tributes to the athletes’ resilience & the determined spirit to succeed against all odds, and be the shining light which inspires the country towards a happier and brighter future.  INOX Group is associated with India Olympics Association (IOA) as an official sponsor of the Indian Olympic Team to the Olympic Games Tokyo 2020. Speaking about the launch of the campaign, Mr. Siddharth Jain, Director – INOX Group said, “When it is about Olympics, there is a tremendous sense of pride, which gets awakened in the hearts and minds of every Indian. With our campaign Aayega India, we aim to take this emotion to an all new level. It is an honor for Brand INOX to have athletes like Mary Kom, Manika Batra and Vikas Krishan Yadav, featuring in its campaign, and we are grateful to them. With the anthem, we aim to let Team India know that the entire country takes pride in all their endeavors and stands with them as they set themselves up for this momentous event. We are proudly looking forward to the Indian contingent scaling new heights at Tokyo 2020.”  The ‘Aayega India’ anthem, conceptualized and developed by EBC Originals, is produced in Hindi, Tamil and Telugu languages and is rolled out on the social media handles of INOX Group’s ventures, INOX Leisure Ltd, INOX Air Products and INOXCVA.  INOX Group has always been at the forefront of promotion of sports in the country. In the recent past, the Group has worked towards supporting various sporting events, teams and leagues in the field of Table Tennis, Football, Badminton, Running, Basketball and Cricket, and building awareness among masses through effective promotional initiatives. 

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                  INOX Air Products announces India’s largest Greenfield investment In The Industrial Gases Sector of INR 2000 Cr | INOX
                  INOX Air Products announces India’s largest Greenfield investment In The Industrial Gases Sector of INR 2000 Cr | INOX

                  INOX Air Products announces India’s largest Greenfield investment In The Industrial Gases Sector of INR 2000 Cr | INOX

                  Investment in line with Budget 2021’s vision of accelerating growth in core sectors of Manufacturing, Infrastructure and Healthcare

                  Eight new Air Separation Units to come up from FY22 to FY24 

                  Liquid Medical Oxygen production capacity to increase by 50%, providing critical boost to medical infrastructure

                  Mumbai, 22nd February, 2021: Supporting the Nation’s revival journey through massive investments in core sectors like Manufacturing and Infrastructure as announced in Budget 2021, India’s largest manufacturer of Industrial & Medical Gases, INOX Air Products (INOXAP) has laid out massive expansion plans of INR 2000 Crores to build eight new Air Separation Units across the country. This will be India’s largest Greenfield investment plan ever witnessed in the Industrial Gases sector. With a combined capacity to manufacture more than 1500 Tons Per Day (TPD) of Liquid Gases, the expansion will take INOXAP’s total liquid gases production to 4800 TPD by 2024. Inspired by the Prime Minister’s vision of Make In India, INOXAP’s new plants will strengthen and promote inclusive growth in the existing and upcoming industrial corridors across the country. Complementing the critical boost provided in Budget 2021 to the Healthcare sector, INOXAP’s expansion would also augment its Liquid Medical Oxygen (LMO) production capacity by 50%.  INOXAP’s new plants will be strategically located in proximity of high demand growth areas in the states of Gujarat, Maharashtra, Tamil Nadu, Madhya Pradesh, Uttar Pradesh, Andhra Pradesh and West Bengal. The plants will produce liquid oxygen, liquid nitrogen and liquid argon and will be commissioned during the course of FY22 to FY24. The bulk availability of industrial and medical gases will ensure constant supplies for electronic manufacturing, pharmaceutical sector, besides helping iron, steel and automobile industries to ramp up their production capacities. The projects will generate more than 1000 direct and indirect employment opportunities in their respective regions. Speaking about the investments, Mr. Siddharth Jain, Director - INOX Air Products said, “With an objective of rejuvenating the Country’s economic landscape, Budget 2021 pronounced major investments and initiatives around Manufacturing, Infrastructure and Healthcare. As we welcome the enhanced capex in these critical areas, we want to be prepared to service the Country’s future-oriented and accelerated growth drive by ensuring capacity creation of industrial and medical gases across the growth corridors of the country. The expanded capacity will enable us to serve the core sectors, supporting the nation’s Aatmanirbhar Bharat endeavour and its march towards becoming a $5 Trillion economy. Our new ASUs are envisioned to empower numerous sectors and boost economic activities in key industrial regions. The investments will also help us maintain our leadership position in the market.”   INOX AP currently manufactures 3300 TPD of liquid gases across 44 locations in the country. During COVID, INOXAP has been catering to more than 60% of the total Medical Oxygen demand in the country. All INOXAP units have been running 24x7 to ensure a continuous production and uninterrupted supply of Medical Oxygen to more than 800 hospitals nationwide through a dedicated fleet of 550 transport tanks. With a massive 50% growth in the production of LMO, INOXAP would continue to fulfil its responsibilities in the Medical & Healthcare space. 

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                    INOX Air Products Bags prestigious contract from ArcelorMittal for setting up 5th Air Separation Unit at Hazira Plant | INOX
                    INOX Air Products Bags prestigious contract from ArcelorMittal for setting up 5th Air Separation Unit at Hazira Plant | INOX

                    INOX Air Products Bags prestigious contract from ArcelorMittal for setting up 5th Air Separation Unit at Hazira Plant | INOX

                    Contract to support first major expansion in India by ArcelorMittal, world’s largest steel company

                    Installation of 5th ASU by INOXAP to give birth to India’s largest onsite Industrial Gas Complex

                    ASU to produce 700 TPD of Gaseous Oxygen and 300 TPD of Gaseous Nitrogen along with other liquid industrial gases

                    Mumbai, 5th February, 2021: INOX Air Products (INOXAP), India’s largest manufacturer of Industrial & Medical Gases, has announced that it has bagged a prestigious contract from ArcelorMittal Nippon Steel India Ltd (AM/NS India) to set up its 5th cryogenic Air Separation Unit at Hazira Plant. The installation of the 5th ASU by INOXAP at Hazira will give shape to India’s largest single-operator onsite Industrial Gas Complex on a BOO basis, which will support the first major expansion in India by ArcelorMittal, world’s largest steel company, after the acquisition of Essar Steel.  At an investment of INR 300 Cr, INOXAP’s 5th cryogenic ASU at AM/NS India’s Hazira plant, would have the capacity to generate 700 TPD of Gaseous Oxygen and 300 TPD of Gaseous Nitrogen along with other liquid gases. Once completed, the Gas Complex would have a combined production capacity of more than 9000 TPD of industrial gases.  Sharing his views on the prestigious contract, Siddharth Jain, Executive Director – INOX Air Products adds. “We are indeed honoured by the continued trust ArcelorMittal management has reposed on us for supporting them in their growth plans. The new contract for setting up yet another ASU underlines our reliability, commitment and consistency to our strategic customer. The deployment, which is projected to be commissioned in a record period of 15 months, will make us the proud operators of country’s largest onsite Industrial Gas Complex on BOO basis, that too in a plant operated by ArcelorMittal, the largest steel manufacturer in the world.”  Commenting on the contract, Wim Van Gerven, Chief Operating Officer of AM/NS India said, “We are pleased to partner with INOX Air Products for yet another Oxygen Plant at our Hazira facility as we begin our first major expansion in India post the acquisition of Essar Steel. Looking at our long term relationship, we are confident that INOX Air Products will support us in our growth journey, as we prepare ourselves to cater to the country’s growing steel demand.” The 5th cryogenic Air Separation Unit at its Hazira Plant, would supply the Oxygen and Nitrogen gases required to meet the additional demand due to the phased brownfield expansion of AM/NS India’s capacity from the current 7.2 MTPA to 8.6 MTPA. This expansion is a part of their larger expansion plans across India.  INOXAP’s long term, onsite gas supply partnership with AM/NS India began in year 2005, when erstwhile Essar Steel awarded a contract for a 885 TPD Cryogenic ASU on BOO basis. This relationship achieved newer heights when INOXAP was chosen as a preferred partner to outsource the majority of its captive ASUs resulting into INOXAP acquiring all 3 ASU assets of 1700 TPD capacity each from Essar Steel in 2015 and entered into a long term contract for supply of all Industrial Gases on a BOO basis.  INOXAP has been servicing the needs of the Indian Steel Industry for over 45 years now. As an integrated Industrial Gas supplier, INOXAP offers efficient solutions including Application Technology in areas like BF Enrichment, EAF O2 Lancing, Ladle Furnace Pre–Heating (Oxy– Fuel Burners), RHF Enrichment, Argon Oxygen De-carburization, Oxy–Fuel Assisted Melting and Molten Metal Blanketing (MMB) in Induction Furnace, and supplies of Industrial Gases for the same, either through on-site ASUs or through bulk supplies from its 44 plants across the country.   

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