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White Martin signed a gas supply contract with Braskem

July 19/2011

(Plastemart) -- Praxair Inc.s Brazilian arm-White Martin, recently signed a gas supply contract with Braskem, the largest petrochemical company in the Americas and the worlds largest biopolymers producer. The 15-year agreement requires White Martin to supply nitrogen and oxygen to Braskems expanded polyvinyl chloride (PVC) unit in the state of Alagoas, in Brazils northeast region. The company will construct a new cryogenic on-site air separation plant with a daily capacity of 200 tons.

The project, with an estimated value of US 635 mln, is Braskems single largest investment in Brazil. Operations at the new industrial unit are likely to start by the H1-2012.

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