- Published on Monday, 21 November 2011 16:42
- Written by Staff Reporter
CHINA – Jiangsu Oji Paper Co Ltd, a Chinese subsidiary of one of Japan’s largest paper and paper products manufacturer Oji Paper Co, has signed a deal to procure oxygen for pulp bleaching from Praxair (China) Investment Co Ltd.
Under the contract, Chinese industrial gas provider Praxair China will build an on-site vacuum-pressure-swing-absorption system to supply oxygen to the Jiangsu Oji Paper Project located in Nantong, Jiangsu province.
This on-site gas facility is expected to start up at the end of 2012.
“Praxair China is pleased to establish the partnership with Oji Paper,” said Minda Ho, president of Praxair China. “We will continue to demonstrate our world-class gas supply service to support this prominent project in the global paper industry.”
The Jiangsu Oji Paper Project is the largest industrial project that Japan has invested in China so far, and also the largest overseas investment project of Oji Paper Group.
Founded in 1873, Oji Paper is one of Japan’s leading paper and paper products manufacturers, with production operations, sales offices and plantations in Japan, China, Thailand, Brazil, Vietnam, Malaysia, Indonesia, Laos, Australia, New Zealand and North America.
As of March 2011, the company had paid-in capital of ¥103.88 billion (US$1.35 billion) and 3,845 employees.