Praxair China Sets up Joint Venture with Sinopec
Praxair, Inc. has announced that its wholly-owned subsidiary, Praxair (China) Investment Co., Ltd., has set up a joint venture in Guangzhou, southern China, with China Petroleum & Chemical Corporation (Sinopec).
The joint venture, Praxair-GPC Industrial Gases Co. Ltd., will produce, sell and distribute industrial gases such as oxygen, nitrogen, and argon for a wide range of industrial applications. It will also meet the demands of Sinopec Guangzhou Company for a quality, reliable nitrogen supply. The venture is expected to start operations in the 4th quarter of 2009.
“This first alliance with Sinopec is a major milestone for Praxair China,” said David Chow, President of Praxair China. “It is also a demonstration of our commitment to continued investment in the Chinese marketplace.”
Other news from the department business & finance

Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.
Most read news
More news from our other portals
Last viewed contents
Max-Planck-Institut für Biogeochemie - Jena, Germany
Boehringer Ingelheim, Pfizer to Jointly Market Once-A-Day SPIRIVA® for Chronic Obstructive Pulmonary Disease
Myers Industries Agrees to be Acquired by GS Capital Partners

Green hydrogen from direct seawater electrolysis- experts warn against hype - No need for new development

When all details matter - Heat Transport in Energy Materials - Discovery could contribute to more energy-efficient technologies by allowing for the tailoring of nanoscale thermal insulators through defect engineering
Emerson Digitally Automates $2.7 Billion Shanghai SECCO Petrochemical Complex
CAS Chemistry Research Report: Nanofiltration Shows Promise in the Quest for Pure Water
