DANBURY, Conn., April 14, 2005 — Praxair, Inc. (NYSE: PX) has entered into a technology license agreement with the P.H. Glatfelter Company (NYSE:GLT) under which Praxair will supply Glatfelter with its patent-pending low-NOx (oxides of nitrogen) combustion system. The technology will be installed at two pulverized coal boilers at Glatfelter’s Spring Grove, Penn. pulp and paper manufacturing facility. Construction will begin in April 2005 with the system scheduled to operate during the 2005 ozone season.
Praxair’s advanced combustion system consists of proprietary oxygen control and injection techniques to enhance combustion efficiency and reduce formation and emissions of NOx, which contributes to the formation of smog and acid rain. Praxair’s proven oxygen-enhanced combustion technology was co-funded by the Department of Energy’s National Energy Technology Laboratory and Praxair, Inc.
Headquartered in York, Penn., Glatfelter is a global manufacturer of specialty papers and engineered products. U.S. operations include facilities in Spring Grove, Penn., and Neenah, Wis. International operations include facilities in Germany, France, and the Philippines.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2004 sales of $6.6 billion. The company produces, sells, and distributes atmospheric and process gases and high-performance surface coatings. Praxair products, services, and technologies bring productivity and environmental benefits to a wide variety of industries including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available at www.praxair.com or by calling 1-800-PRAXAIR.
Susan Szita Gore