Praxair Electronics Invests in Solar Target Capability

Mon Jul 13, 2009 10:36am EDT
 
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DANBURY, Conn.--(Business Wire)--
Praxair Electronics, a division of Praxair, Inc. (NYSE: PX), has made
investments totaling $15 million during the past year in order to increase
production capacity of tubular targets as part of its commitment to serve the
photovoltaic PVD market. 

The investments have come in several forms, including a recent acquisition of
Senvac Thin Film Technologies in Frankfurt, Germany, a company which specializes
in the bonding of tubular targets; automation of the tubular bonding process in
Frankfurt; and an advanced ceramic development and pilot facility in Tonawanda
N.Y. for development of AZO tubes. 

"We are using our experience and expertise in the semiconductor market as a
foundation for growth in PV target markets," said David P. Strauss managing
director of Praxair Electronics` deposition materials business. "Our focus will
be to provide advanced PVD products which deliver cost-of-ownership advantages."


About Praxair Electronics

Praxair Electronics offers a complete portfolio of bulk and onsite gases,
process gases, gas handling and distribution systems and services, and
sputtering targets to the photovoltaic, display, and semiconductor markets. More
information on Praxair Electronics is available on the Internet at
www.praxair.com/electronics. 

About Praxair

Praxair is the largest industrial gases company in North and South America, and
one of the largest worldwide, with 2008 sales of $10.8 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. 





Praxair, Inc.
Media:
Susan Szita Gore, 203-837-2311
susan_szita-gore@praxair.com
or
Investors:
Elizabeth Hirsch, 203-837-2354
liz_hirsch@praxair.com

Copyright Business Wire 2009

 

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