Iron and Steel Company signs contract with Turkey's Iromet Company to develop oxygen plant

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Iron and Steel Company signs contract with Turkey's Iromet Company to develop oxygen plant

December 04, 2020 - 23:32
Written by: RabiaGolden

The Libyan Iron and Steel Company has signed an agreement with the Turkish Iromet Company to complete development work for the oxygen and compressed air plant.

The company stated that the agreement comes within its plans to improve and increase production, saying that “this is intended to lead to an increase in the company’s shares.”

The company expected that the production rates of oxygen, nitrogen and argon gases would increase and this, in turn, would enhance the possibilities of doubling production.