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46 min ago 1 min read
Malaysian industrial gas producer Ace Gases Technologies (AGTI), a subsidiary of Kelington Group Berhad, has unveiled plans to build a RM 120m ($29.3m) merchant air separation unit (ASU) plant in Maharashtra, India.
The development works will commence in August 2026, with completion expected by Q3 2028, subject to construction and operating approvals from the Maharashtra Industrial Development Corporation (MIDC) and other relevant authorities.
The ASU will separate atmospheric air into oxygen, nitrogen, and argon to meet growing regional demand across industrial, semiconductor, healthcare, and manufacturing sectors.
AGTI has not disclosed the planned production volumes or capacity of the ASU plant. However, the company says it will increase its industrial gas production capacity and improve its operational capabilities.
Located within Maharashtra’s Addl. Dindori industrial area, the plant is expected to offer logistical advantages across the state and surrounding regions.
gasworld Intelligence estimates the Indian market demand for oxygen, nitrogen, and argon to total 321,000 tonnes per day.
Market demand is largely from the general manufacturing (32%), metallurgy (29%), and chemicals (19%) industries.
Wider market research estimates India’s industrial gases market was valued at $3.81bn in 2025.









