DANBURY, Conn., July 12, 2017 – Praxair, Inc. (NYSE:PX) today announced the start-up of a new air separation plant to supply 700 tons per day of nitrogen to Samsung’s display manufacturing complex in Tangjeong, South Korea.
Samsung’s Tangjeong complex, the world’s first and largest sixth-generation flexible Organic Light Emitting Diodes (OLED) panel plant, is expanding to meet increasing demand for future generations of displays. OLEDs are used in a variety of products including televisions, mobile devices, digital cameras, virtual reality headsets and laptops. Praxair’s nitrogen is being used for cooling and purging applications in Samsung’s manufacturing process.
This is Praxair’s third plant supporting the facility. The company has been supplying Samsung’s display operations with nitrogen, oxygen, argon, helium and other gases since 2005, including its LCD factory in Tangjeong.
"Praxair has enjoyed a relationship with Samsung for more than 25 years and is committed to supporting their expanded production capabilities with a broad array of gases, applications technologies and customer support," said B.S. Sung, president of Praxair Korea. "We have been recognized as a consistently reliable supplier to Samsung and look forward to a long future together supporting their growing requirements in the country and throughout the world."
Praxair, Inc., a Fortune 300 company with 2016 sales of $11 billion, is a leading industrial gas 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, primary metals and many others. More information about Praxair, Inc. is available at www.praxair.com.