BOC India eyes petroleum, petrochemicals sectors

BOC India, a part of the Linde group, is eyeing the petroleum and petrochemicals sectors for growth. The company is in talks with all the oil companies for setting up air separation units (ASUs). The company was making investments of Rs 1,200 crore for setting up ASUs for Tata Steel, SAIL and Jindal Stainless. Two plants were getting ready for commissioning by late 2012.

With the steel sector contributing more than 50 per cent of the total business, the other areas targeted by BOC India were glass, pharmaceuticals, manufacturing industry and solar photovoltaic cells. The company was also in talks with JSW Bengal Steel for its proposed steel plant at Salboni, in West Bengal.