DANBURY, Conn., June 21, 2011 — Reinforcing its strategy to meet growing customer demand in the Mississippi River corridor, Praxair, Inc. (NYSE: PX) has signed a long term supply agreement with Motiva Enterprises LLC to supply hydrogen to Motiva’s refinery in Norco, St. Charles Parish, Louisiana.
Praxair recently announced it will extend its existing Louisiana hydrogen pipeline complex by connecting it to a new hydrogen plant that is being constructed in the St. Charles Parish. The pipeline extension is scheduled to be in operation during the second quarter of 2012 and the plant in the fourth quarter of 2012.
Hydrogen is used by petroleum refiners to produce ultra-low-sulfur diesel and other transportation fuels. Demand for these fuels continues to increase in order to comply with environmental regulations.
Praxair operates more than 50 hydrogen production facilities and seven hydrogen pipeline systems worldwide. Refinery customers worldwide benefit from Praxair’s complete portfolio of large-volume industrial gases, cylinder gases and specialized refinery technologies and services.
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, services 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.