Praxair
Praxair, Inc.
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legal form | Incorporated |
ISIN | US74005P1049 |
founding | 1907 |
resolution | 2018 |
Reason for dissolution | Merger with Linde AG to form Linde plc |
Seat | Danbury , CT , United States |
management | Steve Angel ( Chairman and CEO ) |
Number of employees | 26,461 (2017) |
sales | 11,437,000,000 US dollars (2017) |
Branch | Technical gases |
Website | www.praxair.com |
As of November 1, 2018 |
Praxair, Inc. (originally Linde Air Products ) was a United States company based in Danbury , Connecticut . The company was listed in the S&P 500 .
history
The company was founded by Carl von Linde in 1907 as Linde Air Products , but was confiscated during World War I and incorporated into Union Carbide & Carbon Corporation in 1917 together with the National Carbon Company, Perst-O-Lite Company and Union Carbide Company . In 1989 Union Carbide Industrial Gases was spun off as an independent company under Praxair Inc. and has since been listed on the New York Stock Exchange .
In December 2016, the company announced the merger with Linde AG , also founded by Carl von Linde . The merger was completed on October 31, 2018.
Work areas
Industrial gases
Praxair was a manufacturer of various industrial gases :
- Atmospheric gases ( nitrogen , oxygen , argon )
- Process gases ( hydrogen , helium , ethyne (acetylene), carbon dioxide , carbon monoxide )
- Noble gases ( xenon , neon , krypton )
- Gases for medical applications with special manufacturing requirements (oxygen, nitrous oxide ( laughing gas ), gas mixtures)
Aircraft maintenance
The Praxair Aviation Services division (aircraft maintenance) was sold in April 2006 to the financial company Gridiron Capital, LLC.
equipment
Praxair also designed, manufactured and sold equipment for manufacturing, cleaning and transporting gases such as
- Container for gas storage (including deep freezing)
- Air separation devices
- Piping systems
- Cleaning equipment
Surface coatings
The subsidiary “Praxair Surface Technologies, Inc.” was a supplier of ceramic-based coatings. The subsidiary “Praxair Coatec” coats turbine blades, bearings and rollers.
Web links
Individual evidence
- ^ Out Executives
- ↑ a b ANNUAL REPORT ON FORM 10-K. In: annual-reports.praxair.com. Retrieved November 1, 2018 .
- ↑ a b History. In: unioncarbide.com. 2016, accessed November 1, 2018 .
- ^ Rüdiger Köhn: Adieu, Linde. In: FAZ.net . November 1, 2018, accessed November 1, 2018 .
- ↑ N-TV.de: Linde and Praxair in merger agreement
- ^ Sueddeutsch.de: Linde becomes American
- ↑ https://www.lindeplc.com/de/news-medien/aktuelle-mitteilungen/2018/unternehmenszusammenschluss- between- praxair-und-linde-ag-erverbindlich- vollnahm