Hangzhou Oxygen 5 billion industrial gas project settled in Jiujiang
On September 20, Hangzhou Oxygen Group Co., Ltd. invested 5 billion yuan in the Hangyang Lake industrial gas project in Jiujiang. The total investment of the project is 5 billion yuan, which is divided into three phases. The first phase is planned to begin construction by the end of this year, and it will be completed and put into operation in early 2013. After the project is completed and put into production, the main business income will be 6 billion yuan and the tax revenue will be 300 million yuan. Hangzhou Hangzhou Oxygen Co., Ltd. is a state-controlled listed company. It is the largest air separation equipment design and manufacturing enterprise in China and even in Asia. It has a national-level technology center and is the only state-level key new product development in the air separation equipment industry in China. The manufacturing base is also the home base for major technical equipment in China.
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