SHANGHAI, China, March 31, 2009 —Praxair China has signed a new contract to supply liquid nitrogen to Chery Automobile Co., Ltd., one of the leading automobile manufacturers in China and a developer of an independent Chinese-branded vehicle.
Chery, a major exporter of Chinese cars, will use the liquid nitrogen during the heat treating process for the manufacture of automotive parts at its plant in Wuhu in Anhui province. With its independent intellectual properties, Chery places great importance on technical solutions related to supply.
Prior to this new contract, Praxair China supplied industrial gases to Wuhu Bonaire Automotive Electrical Systems Co., Ltd, an affiliate company of Chery, and to Tower Automotive (Wuhu) Co., Ltd, a joint venture between Tower and Chery in China.
“Praxair is proud to support the growth and development of Chery with our quality products and technical strength,” said David Chow, president of Praxair China. “It is also a good opportunity for Praxair to expand its contribution to the rapidly growing market for Chinese-branded automobiles,” he added.
About Praxair China
Praxair (China) Investment Co., Ltd is a leading industrial gas provider in China. It is headquartered in Shanghai, has 17 wholly owned companies, 10 joint ventures and over 1200 employees in the country. More information on Praxair China is available on the Internet at www.praxair.cn.
Praxair, Inc. (NYSE: PX) is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty 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.