Praxair

Praxair. Praxair was a leading global industrial gases company, founded in 1907 as Linde Air Products Company by Carl von Linde and Union Carbide, with its headquarters in Danbury, Connecticut. The company was a major supplier of oxygen, nitrogen, and argon to various industries, including healthcare, aerospace, and manufacturing. Praxair's products and services were used by companies such as Boeing, Lockheed Martin, and General Electric.

● History

Praxair's history dates back to 1907, when it was founded as Linde Air Products Company by Carl von Linde and Union Carbide. In 1917, the company was renamed Linde Air Products Company of America, and in 1935, it became a subsidiary of Union Carbide. During World War II, Praxair played a significant role in supplying oxygen and other gases to the United States military. In the 1950s and 1960s, the company expanded its operations to include the production of argon, helium, and other gases. Praxair became an independent company in 1992, after being spun off from Union Carbide. The company's history is also closely tied to that of other industrial gas companies, such as Air Products and Chemicals, Air Liquide, and Linde AG.

● Products and Services

Praxair's products and services included a wide range of industrial gases, such as oxygen, nitrogen, argon, and helium. The company also provided cryogenic storage and transportation services for these gases. Praxair's customers included companies in the healthcare industry, such as Hospira and Baxter International, as well as companies in the aerospace industry, such as Boeing and Lockheed Martin. The company also supplied gases to manufacturing companies, such as General Electric and Caterpillar Inc.. Praxair's products and services were also used in the production of semiconductors and flat panel displays by companies such as Intel and Samsung Electronics.

● Operations

Praxair's operations were global, with facilities in over 30 countries, including the United States, Canada, Mexico, Brazil, China, and India. The company had a significant presence in the Asia-Pacific region, with operations in countries such as Japan, South Korea, and Australia. Praxair's operations were also closely tied to those of other companies, such as Dow Chemical, DuPont, and ExxonMobil. The company's facilities were often located near those of its customers, in order to provide efficient and reliable supply of industrial gases. Praxair's operations were also subject to regulations and standards set by organizations such as the Occupational Safety and Health Administration and the Environmental Protection Agency.

● Merger and Acquisition

In 2016, Praxair announced a merger with Linde AG, a German-based industrial gas company. The merger was completed in 2018, and the combined company was renamed Linde plc. The merger created one of the largest industrial gas companies in the world, with operations in over 100 countries. The merger was subject to regulatory approvals from agencies such as the Federal Trade Commission and the European Commission. The combined company's operations are now closely tied to those of other companies, such as Air Products and Chemicals and Air Liquide. The merger also created new opportunities for the company to expand its operations in emerging markets, such as China and India.

● Environmental Impact

Praxair's operations had a significant environmental impact, due to the energy required to produce and transport industrial gases. The company's facilities were subject to regulations and standards set by organizations such as the Environmental Protection Agency and the European Environment Agency. Praxair also implemented various initiatives to reduce its environmental impact, such as the use of renewable energy sources and the implementation of energy-efficient technologies. The company's environmental impact was also closely tied to that of other companies, such as ExxonMobil and Royal Dutch Shell. Praxair's efforts to reduce its environmental impact were recognized by organizations such as the United Nations Environment Programme and the World Wildlife Fund. The company's environmental impact is now being addressed by the combined company, Linde plc, which has implemented various initiatives to reduce its carbon footprint and promote sustainable development. Category:Chemical companies of the United States