DANBURY, Conn., April 11, 2011 — Praxair Argentina, a subsidiary of Praxair, Inc. (NYSE: PX), will build a new plant in Argentina to supply oxygen, nitrogen and argon.
Praxair will install state-of-the-art technology that will improve production reliability and also increase liquid product capacity in Argentina, one of the fastest growing industrial gases markets in South America. Scheduled to start up in 2013, the plant will produce 400 tons per day of oxygen, nitrogen and argon.
“This project demonstrates Praxair´s strong commitment to the South America region. The high reliability of supply that Praxair offers is a critical factor in meeting the growing industrial demand in Argentina,” said Domingos Bulus, president of Praxair South America.
Praxair Argentina supplies a comprehensive range of industrial gases and technologies to customers in a wide variety of industries. In addition to Argentina, Praxair has operations in eight other South American countries.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2010 sales of $10 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products and technologies bring productivity and environmental benefits to a diverse group of industries, including aerospace, chemicals, electronics, energy, food and beverage, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.
Vice President & Deputy General Counsel