Praxair Expands Carbon Dioxide Capacity in Western U.S.
September 21, 2016
DANBURY, Conn., September 21, 2016 – Praxair, Inc. (NYSE: PX) announced today that it has acquired and will operate a 300-ton-per-day carbon dioxide (CO2) purification and liquefaction plant from PureCO2, LP. Owned by Ferus, LP, PureCO2 is a producer and distributor of liquefied food- and beverage-quality CO2, located in Price, Utah. Financial terms of the transaction were not disclosed.
The acquired plant will serve customers throughout the region in a variety of end-markets, including food and beverage, metal fabrication and water treatment.
“The addition of this facility to Praxair’s network of carbon dioxide plants will further enable us to serve a growing customer base within the greater Salt Lake region, particularly in the food and beverage segment,” said Armando Botello, vice president, west region for Praxair’s U.S. industrial gases business. “This plant will expand our supply network west of the Rockies, adding to our already diverse portfolio of carbon dioxide sources along the West Coast of the U.S.”
“PureCO2 customers will continue to receive the innovative technology and world-class customer service from Praxair that they have come to expect,” said Tyler Dahlseide, vice president, Ferus LP. “We are pleased that Praxair will continue to deliver a stable and reliable supply of carbon dioxide to customers and build on PureCO2’s rich history of service.”
Praxair, Inc., a Fortune 300 company with 2015 sales of $11 billion, is a leading industrial gas 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.