On 16 February 2012, Hunan Xianggang Messer Gas Product Co., Ltd. and the Administrative Committee of Changsha High-tech Industrial Development Zone signed an investment contract of liquid ASU project. Xianggang Messer shall construct and operate in Changsha Lugu High-tech Industrial Development Zone two sets of 520t/d Liquid ASUs, a set of cylinder gas filling station, and the project shall be constructed in two phases, with Phase I to be commenced into production in the first quarter of 2014. with Phase Ⅱ to be commenced into production in the third quarter of 2015.The planning investment is USD 450million.

As the joint venture gases company that had entered Hunan Province earliest, since 1998, Xianggang Messer has provided the customers within Hunan Province with gas product and application technologies services, and currently it holds a 70% market share of industrial gas market within Hunan Province. In the Xiangtan factory, Xianggang Messer currently has a liquid industrial gas production capacity of 500t/d, and it also has a set of 520t/d NLU under construction, which is expected to be commenced into production in October 2012.

The construction of Changsha air separation project shall facilitate meeting the demands of industrial developments within Hunan Province and the surrounding areas, and the new the new investment has also provided a strong assurance for Xianggang Messer’s keeping its status of leadership in the industrial gas market in Hunan Province.