Praxair (PX) Inks Long-Term Supply agreement with Hyundai
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Praxair Signs Long-Term Supply Contract in South Korea
September 26, 2016 8:30 AM EDTDANBURY, Conn.--(BUSINESS WIRE)-- Praxair, Inc. (NYSE: PX) announced it has signed a long-term contract to supply industrial gases to Hyundai Oilbank (Hyundai), a leading oil refining company in South Korea. Hyundai has more than a 50-year history producing gasoline and propylene in South Korea, and is capable of processing 390,000 barrels per day of crude oil and other feedstock.
Praxair will build, own and operate four vacuum pressure swing adsorption (VPSA) plants that will supply a combined 750 tons per day... More
