ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Better Results despite Idle Capacity

Better Results despite Idle Capacity

Hansavivek INDIAN OXYGEN is awaiting government's decision on its application for an industrial licence, submitted in June 1974, for a major diversification to manufacture derivatives from castor oil, in a 'backward' area of Andhra Pradesh. It is stated that the project satisfies all the important criteria laid down by government for further growth of foreign-controlled companies in India. Meanwhile, the company has commissioned a special gases centre at Bombay, where it produces ultra high purity gases and special gases for sophisticated application in industry and research. It has also introduced new varieties of welding electrodes ad a mini-are welder. A portable she-cutting machine has also been launched in the market. In the medical equipments field, the company has introduced a paediatric ventilator and a simplified and economic anaesthetic- apparatus. It has also manufactured an acetylene compressor which will save foreign exchange. The company is also awaiting government approval of its technical collaboration agreement with Cryoplants of UK for manufacture of low pressure tonnage air separation plants and nitrogen generators.

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