Industry offers immense opportunity to create a plant produces industrial and medical gases




Views 39 Date 10/24/2016 - 19:53

Economy News / Baghdad ...


General Company for Petrochemical Industries of the Ministry of Industry and Minerals announced that, on Monday, for an investment opportunity granted such as contracts Post Project separation of gases, which would set up a factory for the production of industrial and medical gases, believes the local market need and that cost the state budget are importing high amounts of hard currency.

He said the media ministry director Abdul Wahid al-Shammari said in a statement "the economy News" received a copy of "Under this participation contract will be equipped, installation and operation of an integrated plant for the production of industrial and medical gases including designs, documents and all civil works of the building of the plant, services and screening units to be done under the supervision of third-party certified to evaluate the project and its equipment to be project processing of global origins sober. "

Among Shammari said "of these products which have a significant role in bridging the need for our local markets, especially as the production units which will underlie the project is a unit of gas liquid nitrogen production, which is estimated to need the market to 2250 tons per month as the South Refineries alone needs 150 tons per month and drilling companies and exploration 600 tons per month, adding that the price per ton of liquid nitrogen to $ 450. "

He added that the "liquid oxygen production, which constitutes one of the units of this project is a great need for health and medical uses and cleaning water so of the market need for him 300 tons per month," adding that "our local markets lack Alarcon gas, which represents the third production line for this project with industrial use especially in industries such as electric lamps and electronic appliances industry in addition to the welding business, where the market need for a gas Alarcon 250 tons per month. "

He concluded that "the new plant to be established form of participation contracts will contribute to fill the need for local markets of different gases to use and produces very high purity of up to 99.99%."


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