The air separation unit will be the third unit at the site and will increase Jindalshad Steel’s total nitrogen and oxygen production by 50%.
Air Products (NYSE: APD), a global leader in industrial gases, and its regional partner, Saudi Arabian Refrigerant Gases (SARGAS), are part of Air Products’ multi-year industrial gas joint venture, Abdullah Hashim Gases and Equipment. Saudi Arabia announced today that it has signed an agreement to build a new air separation plant (ASU) at the Jindal Shadeed Iron & Steel plant in Sohar, Oman. The new plant will produce a total of more than 400 tons of oxygen and nitrogen per day.
The project, carried out by Ajwaa Gases LLC, a joint venture between Air Products and SARGAS, is the third air separation plant to be installed by Air Products at the Jindal Shadeed Iron & Steel plant in Sohar. The addition of the new ASU will increase the gaseous oxygen (GOX) and gaseous nitrogen (GAN) production capacity by 50%, and increase the production capacity of liquid oxygen (LOX) and liquid nitrogen (LIN) in Oman.
Hamid Sabzikari, Vice President and General Manager Industrial Gases Middle East, Egypt and Turkey, Air Products, said: “Air Products is pleased to expand our product portfolio and further strengthen our partnership with Jindal Shadeed Iron & Steel. 3rd ASU The successful signing of this project demonstrates our commitment to supporting our growing clientele in Oman and the Middle East. I am proud of the team that has shown exceptional resilience and dedication to this project during the ongoing COVID-19 pandemic, demonstrating that we are safe, Core values of speed , simplicity and confidence.
Mr. Sanjay Anand, Chief Operating Officer and Plant Manager of Jindal Shadeed Iron & Steel, said: “We are delighted to continue our partnership with Air Products and congratulate the team on their commitment to providing a safe and reliable gas supply. the gas will be used in our steel and direct reduced iron (DRI) plants to increase efficiency and productivity.”
Commenting on the development, Khalid Hashim, General Manager of SARGAS, said: “We have had a good relationship with Jindal Shadeed Iron & Steel for many years and this new ASU plant further strengthens that relationship.”
About Air Products Air Products (NYSE: APD) is a leading global industrial gases company with over 80 years of history. With a focus on serving energy, the environment, and emerging markets, the company supplies vital industrial gases, related equipment, and application expertise to customers in dozens of industries, including oil refining, chemicals, metallurgy, electronics, manufacturing, and the food and beverage industry. Air Products is also a world leader in the supply of technology and equipment for the production of liquefied natural gas. The company develops, designs, builds, owns and operates some of the world’s largest industrial gas projects, including: gasification projects that sustainably convert rich natural resources into synthetic gas to produce costly electricity, fuels and chemicals; carbon sequestration projects; and world-class, low- and zero-carbon hydrogen projects to support global transport and the energy transition.
The company generated sales of $10.3 billion in fiscal 2021, is present in 50 countries, and has a current market capitalization of over $50 billion. Driven by the ultimate goal of Air Products, more than 20,000 passionate, talented and dedicated employees from all walks of life create innovative solutions that benefit the environment, enhance sustainability and solve the challenges facing customers, communities and the world. For more information, visit airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
About Jindal Shadeed Iron and Steel Located in the industrial port of Sohar, Sultanate of Oman, just two hours from Dubai, United Arab Emirates, Jindal Shadeed Iron and Steel (JSIS) is the largest privately held integrated steel producer in the Gulf. region (Commission GCC or GCC).
With a current annual steel production capacity of 2.4 million tonnes, the steel mill is regarded as the preferred and reliable supplier of high quality long products by customers in leading and fast growing countries such as Oman, the United Arab Emirates and Saudi Arabia. Outside of GCC, JSIS supplies steel products to customers in remote parts of the world, including six continents.
JSIS operates a gas-based direct reduced iron (DRI) plant with a capacity of 1.8 million tons per year, which produces hot briquetted iron (HBI) and hot direct reduced iron (HDRI). 2.4 MTP per year mainly includes 200 ton electric arc furnace, 200 ton ladle furnace, 200 ton vacuum degassing furnace and continuous casting machine. Jindal Shadeed also operates a “state of the art” rebar plant with a capacity of 1.4 million tonnes of rebar per annum.
Forward-Looking Statements Caution: This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and do not represent a guarantee of future results. While forward-looking statements are made in good faith based on assumptions, expectations and forecasts that management believes to be reasonable based on currently available information, actual results of operations and financial results may differ materially from the forecasts and estimates expressed in the forward-looking statements due to for a number of factors, including the risk factors described in our annual report on Form 10-K for the financial year ended September 30, 2021. Except as required by law, we disclaim any obligation or obligation to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs, or expectations on which such forward-looking statements are based, or to reflect changes in events. , conditions or circumstances of any changes.