Praxair Starts Up Carbon Dioxide Purification Facility in Hopewell, Virginia
December 10 2013 - 9:00AM
Business Wire
Praxair, Inc. (NYSE:PX) announced the start-up of its new carbon
dioxide (CO2) purification facility at the Honeywell Resins &
Chemicals site in Hopewell, VA. Under a long-term agreement,
Praxair will purchase CO2 from Honeywell Resins & Chemicals,
one of the world’s largest producers of nylon resin and
caprolactam, a critical feedstock used for nylon production. The
agreement expands Praxair’s business relationship with
Honeywell.
Praxair’s new facility purifies and liquefies up to 450 tons per
day of CO2, a byproduct of the production process at Honeywell's
caprolactam facility. The CO2 supply will help Praxair serve
customers in a variety of industries, including food and beverage,
where it is used to freeze, chill, preserve and package food and
carbonate beverages. It is also used in the healthcare, oil
recovery, metal fabrication, chemicals and wastewater segments.
"This world-class CO2 facility is further expanding Praxair’s
capacity in the region and creating growth opportunities across the
Mid-Atlantic States, including beverage carbonation," said Kevin
Foti, vice president of Carbon Dioxide for the U.S. industrial
gases business and president of NuCO2.
“Praxair’s shared focus on improving operational performance
makes this initiative a perfect fit for our operations,” said Qamar
Bhatia, vice president and general manager of Honeywell Resins and
Chemicals. “This new plant and our long-term agreement is a win for
both companies.”
About Praxair
Praxair, Inc., a Fortune 250 company with 2012 sales of $11
billion, is the largest industrial gases 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, metals and many
others. More information about Praxair, Inc. is available at
www.praxair.com.
Praxair, Inc.Media:Kristen McCarthy,
203-837-2371kristen_mccarthy@praxair.comorInvestor Relations:Kelcey
Hoyt, 203-837-2118kelcey_hoyt@praxair.com
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