Praxair-Trailigaz Ozone Co. Names New President
CINCINNATI, Oh., November 18, 1997 -- Praxair, Inc. (NYSE: PX) and Trailigaz today named Stewart K. Mehlman as president of the companies' joint-venture, Praxair-Trailigaz Ozone Co., effective November 1. Previously, Mehlman was director, ozone worldwide for Praxair.
Praxair purchased 50 percent of the joint-venture company with Trailigaz in January. At the same time, the two companies formed a worldwide alliance. The alliance combines Praxair's expertise in vacuum pressure swing adsorption (VPSA) oxygen generating systems with Trailigaz ozone generators to produce high-quality ozone for pulp bleaching, drinking water disinfection, and wastewater treatment. The partners estimate the alliance will generate approximately $40 million in new revenues worldwide by the year 2000 due to growth opportunities in these industries.
Mehlman joined Praxair in 1977 as a development engineer in Tarrytown, N.Y. Since then, he has held various positions in research and development and technology licensing, as well as management roles in sales and marketing for the pulp and paper industry. He is author of 20 technical papers and one book addressing industrial gases applications for the steel and pulp and paper industries and holds four patents for various industrial gas technologies.
He earned bachelor's and master's degrees from the Massachusetts Institute of Technology, Cambridge, Mass.
Mehlman replaces Barry Loeb, who will serve as a senior ozone consultant to Praxair worldwide.
Praxair-Trailigaz Ozone Co., with headquarters in Cincinnati, Ohio, employs 20 people and is one of North America s leading manufacturers of ozone generators, feed gas systems, and related technologies.
Trailigaz is a US$50 million wholly-owned subsidiary of Compagnie Generale des Eaux, a $30 billion company headquartered in France. Trailigaz operates worldwide with installations in 68 countries.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 1996 sales of $4.4 billion. The company produces, sells and distributes atmospheric, process and specialty gases. A subsidiary, Praxair Surface Technologies, supplies metallic and ceramic coatings and powders for high-performance applications. Praxair is a recognized leader in the commercialization of new technologies that bring productivity and environmental benefits to a diverse group of industries.
Praxair purchased 50 percent of the joint-venture company with Trailigaz in January. At the same time, the two companies formed a worldwide alliance. The alliance combines Praxair's expertise in vacuum pressure swing adsorption (VPSA) oxygen generating systems with Trailigaz ozone generators to produce high-quality ozone for pulp bleaching, drinking water disinfection, and wastewater treatment. The partners estimate the alliance will generate approximately $40 million in new revenues worldwide by the year 2000 due to growth opportunities in these industries.
Mehlman joined Praxair in 1977 as a development engineer in Tarrytown, N.Y. Since then, he has held various positions in research and development and technology licensing, as well as management roles in sales and marketing for the pulp and paper industry. He is author of 20 technical papers and one book addressing industrial gases applications for the steel and pulp and paper industries and holds four patents for various industrial gas technologies.
He earned bachelor's and master's degrees from the Massachusetts Institute of Technology, Cambridge, Mass.
Mehlman replaces Barry Loeb, who will serve as a senior ozone consultant to Praxair worldwide.
Praxair-Trailigaz Ozone Co., with headquarters in Cincinnati, Ohio, employs 20 people and is one of North America s leading manufacturers of ozone generators, feed gas systems, and related technologies.
Trailigaz is a US$50 million wholly-owned subsidiary of Compagnie Generale des Eaux, a $30 billion company headquartered in France. Trailigaz operates worldwide with installations in 68 countries.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 1996 sales of $4.4 billion. The company produces, sells and distributes atmospheric, process and specialty gases. A subsidiary, Praxair Surface Technologies, supplies metallic and ceramic coatings and powders for high-performance applications. Praxair is a recognized leader in the commercialization of new technologies that bring productivity and environmental benefits to a diverse group of industries.
