DANBURY, Conn., February 22, 2007 — Praxair, Inc. (PX: NYSE) announced today that it will expand its storage and industrial gas production capacities at its Kirtland, New Mexico facility. The expansion doubles the current storage capacity and increases production capacity by 100 to 150 tons per day over the next two years.
"This phased-in expansion is in response to the growing demand by oil and gas production customers located in the San Juan basin in Colorado and New Mexico," said Scott Kaltrider, regional vice president, west region, North American Industrial Gases.
Praxair supplies an array of products and services to the energy sector, including nitrogen and carbon dioxide injection and rejection, mobile nitrogen pumping services, foam-fracturing applications, portable coal-bed methane recovery systems and clean dry-air systems.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2006 sales of $8.3 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 on the Internet at www.praxair.com.