German industrial gas specialist Messer has signed a contract with the Vietnamese Hoa Phat Group to build a production unit for industrial gases, the company investing €13m in the largest and most modern air separation unit in Vietnam.
Signed on 25th October, the term of the contract for supplying oxygen, nitrogen and argon is 25 years and Messer will construct the air separator and gas liquefier on the site of the steel producer Hoa Phat Steel Stock Company Ltd.
When production commences, up to 16,500 cubic metres per hour of oxygen will flow through a pipeline into the new steel works of the Hoa Phat Group in the Hai Duong province.
In addition to the wide range of applications at Hoa Phat Steel, the liquefied or gaseous industrial gases will also satisfy the demand of industrial companies based in the so-called Hanoi-Haiphong Corridor and represents a important investment in the South Pacific Rim region.
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