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Praxair (PX) Acquires Five Industrial Gas Businesses

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Praxair (PX) Enters Long-Term Carbon Dioxide Sourcing Agreement with US Nitrogen

April 19, 2016 9:32 AM EDT

Praxair, Inc. (NYSE: PX) has signed a long-term agreement to purchase by-product carbon dioxide from US Nitrogen LLC, a subsidiary of Austin Powder Company, a leading provider of industrial blasting products and services.

Praxair will build, own and operate a carbon dioxide purification and liquefaction facility at US Nitrogens recently constructed ammonia plant in Tennessee, which is part of a larger vertical... More