DANBURY, Conn., July 26, 2010 — Praxair, Inc. (NYSE: PX) today announced that Oscar de Paula Bernardes, former chief executive officer of Bunge International, Ltda., has been elected to the Praxair Board of Directors, effective July 26, 2010. Bunge International is a leading global agribusiness and food company now headquartered in White Plains, New York.
“We are pleased to add Oscar to our board with his wide-ranging executive and board experience,” said Praxair Chairman and Chief Executive Officer Steve Angel. “In particular, Oscar is a global citizen whom we expect to provide valuable advice and counsel as we increase our presence in emerging markets.”
Bernardes was chief executive officer of Bunge lnternational from 1997 to 1999. Since 2003, Bernardes has been a managing partner at Integra Assessoria em Negócios Ltda. in São Paulo, Brazil, which provides consulting services on financial restructuring and governance as well as interim management in turnaround situations. Prior to joining Bunge, he was senior vice president and managing partner for Latin America with Booz Allen and Hamilton, Inc. and prior to that, operations director in Brazil for Ferro Corporation. He earned a bachelor of science degree in chemical engineering from Federal University in Rio de Janeiro, Brazil.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2009 sales of $9 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
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