Profile: Praxair Inc (PX.N)
Praxair, Inc., incorporated on October 26, 1988, is an industrial gas supplier in North and South America, Asia and Europe. The Company's operations are organized into five segments, four of which have been determined on a geographic basis of segmentation: North America, Europe, South America and Asia. In addition, the Company operates its surface technologies business through its subsidiary, Praxair Surface Technologies, Inc., which represents the fifth segment. The Company's products in its industrial gases business include atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). The Company also designs, engineers and builds equipment that produces industrial gases primarily for internal use. The Company's Surface Technologies segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. The Company serves a group of industries, including healthcare, petroleum refining, computer-chip manufacturing, beverage carbonation, fiber-optics, steel making, aerospace, chemicals and water treatment.
The North America segment includes the Company's industrial gases operations in the United States, Canada and Mexico. It operates production facilities in the United States, Canada and Mexico, approximately 250 of which are cryogenic air separation plants, hydrogen plants and carbon dioxide plants. There are over five pipeline complexes in North America located in Northern Indiana, Houston, along the Gulf Coast of Texas, Detroit and Louisiana. Also located throughout North America are packaged gas facilities, specialty gas plants, helium plants and other smaller plant facilities.
The Europe segment includes the Company's industrial gases business in Spain, Italy, Germany, Russia, the United Kingdom, Scandinavia and the Benelux region. The Europe segment has production facilities in Italy, Spain, Germany, the Benelux region, Scandinavia and Russia, which include approximately 60 cryogenic air separation plants. There are over three pipeline complexes in Europe located in Northern Spain and the Rhine and Saar regions of Germany. Its pipeline complexes are supplied by cryogenic air separation plants. Also located throughout Europe are specialty gas plants, packaged gas facilities and other smaller plant facilities.
The Company's South American industrial gases operations are conducted by its subsidiary, White Martins Gases Industriais Ltda. The South America segment operates over 40 cryogenic air separation plants, located in Brazil. Many of these plants support a pipeline complex in Southern Brazil. Also located throughout South America are carbon dioxide plants, packaged gas facilities and other smaller plant facilities.
The Asia segment includes the Company's industrial gases operations in China, India, Korea and Thailand, with smaller operations in Taiwan and the Middle East. The Asia segment has production facilities located in China, Korea, India and Thailand, approximately 50 of which are cryogenic air separation plants. Also located throughout Asia are noncryogenic air separation, carbon dioxide, hydrogen, packaged gas and other production facilities.
The Surface Technologies segment provides coating services and manufactures coating equipment at approximately 40 sites. The majority of its sites are located in the United States and Europe, with operations in Asia, Brazil and India. It also supplies thermal spray consumables to customers in the aircraft, energy, printing, primary metals, petrochemical, textile and other industries. Its coatings are used to provide wear resistance, corrosion protection, thermal insulation, and many other surface-enhancing functions. It also manufactures a line of electric arc, plasma and wire spray and high-velocity oxy-fuel (HVOF) equipment.
The Company competes with Air Products and Chemicals, Inc., Airgas Inc., L'Air Liquide S.A., Linde AG, Sequa Corporation, Bodycote, PLC and OC Oerlikon Corp AG.
39 OLD RIDGEBURY RD
DANBURY CT 06810-5103