Its role Technology / equipment supplier
Hangzhou Oxygen Plant Group Co., Ltd., operating as Hangyang or 杭氧集团股份有限公司, is a leading Chinese manufacturer and supplier of air separation units (ASUs), cryogenic equipment, and industrial gases. Established in 1950 and headquartered in Hangzhou, Zhejiang Province, the company was listed on the Shenzhen Stock Exchange in 2010 under stock code 002430.
Hangyang specializes in the design, manufacturing, engineering, and installation of air separation plants from small to extra-large scales, with a maximum capacity of 120,000 Nm³/h. It has supplied more than 4,000 ASU sets in China and leads globally in the output and sales of super-large units (60,000 Nm³/h and above), commanding over 50% domestic market share. The company also produces cryogenic petrochemical equipment such as ethylene cold boxes and supports projects in metallurgy, chemicals, semiconductors, new energy, aerospace, and healthcare.
Hangyang operates over 60 gas subsidiaries nationwide with a total oxygen production capacity exceeding 3.5 million Nm³/h, offering one-stop solutions including pipeline supply, on-site production, and specialty gases. Its products are exported to more than 40 countries. The company invests in R&D for hydrogen liquefaction, CCUS, and energy storage while pursuing vertical integration from equipment to gas operations. It holds a flagship position in China's industrial gas sector as a publicly listed enterprise with a focus on technological self-reliance and international expansion.
Also known as 杭州杭氧股份有限公司, Hangzhou Hangyang Co., Ltd., and 杭州制氧机集团股份有限公司.
chemXplore tracks 1 project involving Hangyang, of which one is active.
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Cryoinfra 50,000 Nm³/h air separation cold box and atmospheric storage tank installation in Mexico reaches intermediate handover.
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