Praxair Acquires Carbon Dioxide Plant from Tri-State Carbonic, LLC.

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Praxair Acquires Carbon Dioxide Plant from Tri-State Carbonic, LLC.

Acquisition Expands Praxair Carbon Dioxide Supply Reliability and Services

DANBURY, Conn.--(BUSINESS WIRE)-- Praxair, Inc. (NYS: PX) , today announced the acquisition of Tri-State Carbonic's carbon dioxide (CO2) plant in Lawrenceburg, Indiana. Financial terms of the transaction were not disclosed.


Tri-State is a producer of high-quality, bulk carbon dioxide gas for industrial use in the greater Cincinnati area. The company produces beverage-quality carbon dioxide gas for use in various markets, including food and beverage, fire-prevention, welding and many others.

"The Tri-State CO2 plant enables Praxair to better serve customers in the Cincinnati and Louisville areas, and further strengthens the reliability of our system." said Kevin Foti, vice president of CO2 and president of NuCO2 for Praxair's U.S. industrial gases business.

"Our customers will be in good hands with Praxair. They will bring additional strength, stability, and services to CO2 customers." said Barry Nanz, managing member of Tri-State.



Praxair, Inc.
Investors
Kelcey Hoyt, 203-837-2118
kelcey_hoyt@praxair.com
or
Media
Kristen McCarthy, 203-837-2371
kristen_mccarthy@praxair.com

KEYWORDS:   United States  North America  Connecticut  Indiana

INDUSTRY KEYWORDS:

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