DANBURY, Conn. --(BUSINESS WIRE)--
Praxair, Inc. (NYSE:PX) announced the start-up of its fourth air separation plant, a 1,400 ton per day unit, and upgrade of the pipeline system serving the Samsung Electronics Co., Ltd. (Samsung) Hwasung site in Gyeonggi Province, South Korea.
The new plant will supply nitrogen to Samsung, one of the largest electronics companies globally. Praxair also supplies Samsung with nitrogen, oxygen, argon, helium and other gases, from an expanded complex outside of Seoul. Additionally, Praxair supplies liquid oxygen, nitrogen and argon to a variety of local customers in such industries as non-ferrous metal, wastewater treatment and ship building.
“Praxair has worked successfully with Samsung for more than 25 years, steadily increasing the supply of gases to the company’s main manufacturing complexes in Korea,” said B.S. Sung, president of Praxair Korea. “This is just one example of the long-standing relationships that we build with our customers as we help them drive growth in their businesses.”
Praxair, Inc., a Fortune 300 company with 2015 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.
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