Praxair Acquires Carbon Dioxide Plant from Tri-State Carbonic, LLC.

Thu Apr 11, 2013 9:00am EDT

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Acquisition Expands Praxair Carbon Dioxide Supply Reliability and Services
DANBURY, Conn.--(Business Wire)--
Praxair, Inc. (NYSE: PX), today announced the acquisition of Tri-State
Carbonic`s carbon dioxide (CO2) plant in Lawrenceburg, Indiana. Financial terms
of the transaction were not disclosed. 

Tri-State is a producer of high-quality, bulk carbon dioxide gas for industrial
use in the greater Cincinnati area. The company produces beverage-quality carbon
dioxide gas for use in various markets, including food and beverage,
fire-prevention, welding and many others. 

"The Tri-State CO2 plant enables Praxair to better serve customers in the
Cincinnati and Louisville areas, and further strengthens the reliability of our
system." said Kevin Foti, vice president of CO2 and president of NuCO2 for
Praxair`s U.S. industrial gases business. 

"Our customers will be in good hands with Praxair. They will bring additional
strength, stability, and services to CO2 customers." said Barry Nanz, managing
member of Tri-State.

Praxair, Inc.
Kelcey Hoyt, 203-837-2118
Kristen McCarthy, 203-837-2371

Copyright Business Wire 2013

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