Air Products Signs Long-Term Contract in Nanjing
As announced earlier this year, Wison has been awarded a long-term contract to supply CO to Celanese for Celanese's 600,000 MT acetic acid plant being built in NCIP. The plant is expected to be ready for production in late 2006 or early 2007. Gaseous oxygen and nitrogen will be used in a clean-burning coal gasification process to generate CO. Acetic acid is a basic chemical that becomes part of paints, adhesives, plastic bottles, foods, construction materials and hundreds of other products for the growing consumer markets.
The new on-site plant in Nanjing Chemical Industrial Park will also enable Air Products to expand its liquid capacity economically to meet growing demand in China for steel and automobile industries. Nanjing and other cities in Jiangsu Province have attracted a very large amount of investment, both from Chinese companies and major international companies.
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