Praxair China Wins Contract for Reactor Cooling

Mon Jul 7, 2008 9:30pm EDT
 
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SHANGHAI, China--(Business Wire)--
Praxair China, a subsidiary of Praxair, Inc. (NYSE: PX), has
signed a contract to supply liquid nitrogen and a state-of-the-art
nitrogen cooling system (NCOOL(TM)) to the Jiangsu Defeng
Pharmaceutical & Chemical Co., Ltd. (Defeng).

   Defeng produces active pharmaceutical ingredients and will
introduce a new product which requires rapid cooling to below
-30-degree C in a large volume reactor. After a thorough market
survey, Defeng selected Praxair China as its product and technology
supplier. The decision was based on the quality of the liquid
nitrogen, reliability and the new technology offered by Praxair.

   "This new application of the NCOOL(TM) technology opens up another
segment of the fast growing cryogenic refrigeration market in the
pharmaceutical industry," said David Chow, president of Praxair China.

   The NCOOL(TM) indirect cooling system features the highly
efficient Praxair cryogenic heat exchanger. Because this cooling
system uses the heat exchange from nitrogen rather than mechanical
refrigeration, it has minimal moving parts and does not rely on
halogenated coolants (CFCs or other ozone-depleting substances). The
NCOOL(TM) heat exchanger is used for precision cooling of production
freeze-dryers and chemical reactors.

   About Praxair China

   Praxair (China) Investment Co., Ltd. is a leading industrial gas
provider in China. It is headquartered in Shanghai, has 15 wholly
owned companies, 10 joint ventures and over 1200 employees, and 2007
sales above $300 million. More information of Praxair China is
available on the Internet at www.praxair.cn

   About Praxair

   Praxair, Inc. is the largest industrial gases company in North and
South America, and one of the largest worldwide, with 2007 sales of
$9.4 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 wide variety of industries, including
aerospace, chemicals, biotechnology and pharmaceuticals, food and
beverage, electronics, energy, healthcare, manufacturing, metals and
others. More information on Praxair is available on the Internet at
www.praxair.com.

   P-40/08

Praxair, Inc.
Media:
Maureen Fama, 203-837-2025
maureen_fama@praxair.com
or
Investors:
Elizabeth Hirsch, 203-837-2354
liz_hirsch@praxair.com

Copyright Business Wire 2008

 

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