Air Products said Thursday it opened a new 84-tpd industrial
gases plant producing liquid oxygen, nitrogen and argon in
Puerto Varas, Chile.
The company will operate the facility via Indura, a
South American joint venture with a majority stake held by Air
The new facility, which includes a cylinder filling system,
will serve local industry, including the burgeoning aquaculture
The location in Puerto Varas, which is more than 1,000 miles
south of Santiago, makes it the world's southern-most
industrial gas plant serving the merchant market.
Besides aquaculture, the facility will also supply the
metalworking, health and food industries.
"We are proud of the opening of this new facility as we
continue to build our business in this exciting growth region,"
said Mike Olivares, vice president and general manager
of Air Products' merchant gases business in Latin
Indura has annual sales of $478 million. Its integrated gas
and retail business includes liquid bulk, small on-sites and
packaged gases, according to the company. In July, Air Products
purchased a majority stake in Indura.
Air Products already had existing interests in Latin America,
through wholly-owned businesses in Brazil, Argentina and its
Mexican joint venture, Grupo Infra.