Praxair Extends Oxygen Pipeline to Leading South Korean Glass Maker
March 31 2015 - 9:30AM
Business Wire
Praxair, Inc. (NYSE:PX) announced it has completed an extension
of its pipeline to supply oxygen to Kumbi Corporation, one of the
largest glass bottle manufacturers in South Korea. The six-mile
extension supplies 100 tons per day of gaseous oxygen from
Praxair’s Tangjung plant to Kumbi’s two glass-melting furnaces
located in Asan, in the central region of the country.
Additionally, Praxair’s pipeline extension will enable the company
to meet the growing industrial gases demand from businesses across
South Korea.
Kumbi uses the oxygen for its production of glass bottles for
beverage, cosmetic and medical customers throughout the country.
Praxair has also installed its advanced Oxy-burner technology at
Kumbi’s facility enabling the customer to improve productivity
while reducing gas emissions.
“We are proud to supply Kumbi with the oxygen and technology it
requires to run its furnaces more efficiently, with less noise and
improved environmental performance,” said S.B. Seo, president of
Praxair Korea. “We look forward to growing with Kumbi as it expands
its business throughout the country.”
Using patented technology and energy-efficient processes,
Praxair will also serve liquid-product customers in the region. The
company currently operates seven plants and 56 miles of pipeline in
South Korea that provide industrial gases to customers, including
those in the electronics, chemical and refining, and metals
segments.
About Praxair
Praxair, Inc., a Fortune 250 company with 2014 sales of $12.3
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, primary metals and
many others. More information about Praxair, Inc. is available at
www.praxair.com.
Praxair, Inc.Jason Stewart,
Media203-837-2448jason_stewart@praxair.comorKelcey Hoyt,
Investors203-837-2118kelcey_hoyt@praxair.com
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