DANBURY, Conn. & SHANGHAI, September 24, 2013 – Praxair China Investment Company, a subsidiary of Praxair, Inc. (NYSE: PX), today announced the opening of its state-of-the-art global technology center in Shanghai, supporting the company’s development and implementation of innovative applications technologies. The Praxair China Technology Center is located in the Jinqiao Development Zone of Pudong New Area.
The center houses laboratories, including pilot and demonstration facilities, to support a growing team of Praxair engineers and scientists who work with customers in China in the steel, combustion, metal fabrication, metals and materials processing, pharmaceuticals, water treatment and electronics segments.
“The new Praxair China Technology Center is a state-of-the-art facility for our applications engineers and R&D organization,” said Dr. Minda Ho, president of Praxair China. “These laboratories enable us to work closely with our business partners and customers to develop innovative products that meet their unique needs. In addition, Chinese regulations for emissions reduction are becoming more stringent and are world-class in several areas. Praxair’s experience will allow us to quickly replicate our applications technologies to contribute to our customers’ needs for cleaner air and water. We look forward to delivering novel gas applications from this center to our customers across China.”
“The inauguration of the Praxair China Technology Center builds on our rich tradition of innovation,” said Dr. Amitabh Gupta, executive director of Praxair Asia R&D and Applications. “Praxair technical teams are developing applications to help customers increase productivity, achieve energy savings and improve environmental performance through emissions reductions. The development and application of these innovative products and services enables sustainable development, while truly making our planet more productive.”
“China is our largest and fastest growing market in Asia and this center is developing technology that will not only be used in China but also in Praxair’s businesses around the world,” said Ray Roberge, Praxair’s senior vice president and chief technology officer. “In addition, we are collaborating with several respected universities across China on important areas of research, which is a strategic advantage for Praxair. The innovation stemming from these projects and our ability to attract and recruit top talent from these and other educational institutions are key reasons we chose to open our facility here.”
About Praxair China
Praxair (China) Investment Co., Ltd. is a leading industrial gases provider in China headquartered in Shanghai. It has 22 wholly owned companies, 10 joint ventures and over 1,400 employees in the country. More information on Praxair China is available at www.praxair.cn.
Praxair, Inc., a Fortune 250 company with 2012 sales of $11 billion, is the largest industrial gases company in North and South America and one of the largest worldwide. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and many others. More information about Praxair, Inc. is available at www.praxair.com.