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IOC Awards Industrial Gas Supply Contract for Paradip Refinery to Praxair
BANGALORE, INDIA--November 20, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Indian Oil Corporation Limited (BSE:530965) (IOC) (Mumbai) has awarded a long-term contract to Praxair Incorporated (NYSE:PX) (Danbury, Connecticut) for the supply of nitrogen and hydrogen gases to its new $6.5 billion Paradip refinery, under construction in the state of Orissa in eastern India. The proposed refinery complex will have a processing capacity of 300,000 barrels per day (BBL/d) and will house a delayed coker unit, a hydrocracking unit and auxiliary processing facilities, in addition to a crude and vacuum distillation unit.
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Industry Segment: Petroleum Refining
Word Count: 415 Words
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