Praxair's asset
Praxair

@praxair.com

Linde is an industrial gas and engineering company supplying Nitrogen, Hydrogen, Oxygen, Argon, Xenon, Acetyline, Carbon Monoxide, Helium, Neon, Krypton, Carbon Dioxide and More

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Praxair, Inc. It was founded in 1907 as the Linde Air Products Company, but later changed its name to Praxair in 1992. With a strong presence in over 50 countries, the company serves various industries including manufacturing, healthcare, food and beverage, energy, and aerospace.


Praxair's main products and services revolve around the production, distribution, and application of atmospheric gases, such as oxygen, nitrogen, argon, and carbon dioxide. The company also provides specialty gases, high-purity process gases, and gas mixtures. Its offerings include gas supply systems, equipment, and technologies for various applications.


Praxair's technologies enable customers to enhance efficiency, reduce emissions, and improve product quality. On a global scale, Praxair operates numerous subsidiaries, joint ventures, and partnerships. For instance, the company has a joint venture with Linde AG, called Linde Praxair, which was formed in 2018 and aims to create the largest industrial gas company in the world.


Additionally, Praxair has partnerships with companies like Reliance Industries in India and Yara in Europe to cater to the regional markets. With a strong market position, Praxair is one of the leading industrial gas companies globally. It consistently ranks among Fortune 500 companies and in recent years, its global sales have surpassed $10 billion annually.


The company faces competition from other major industrial gas companies, such as Air Liquide and Air Products & Chemicals, but it has managed to maintain a strong standing in the market. In terms of major events and achievements, Praxair has made several significant acquisitions to expand its presence and capabilities. Notably, in 2017, the company completed a merger with Linde AG, forming Linde Praxair.


This merger marked a pivotal moment in the company's growth strategy and further solidified its position in the global industrial gas market. As of the latest available information, Praxair continues to operate under the Linde Praxair name, focusing on delivering innovative solutions and sustainable practices to meet the evolving needs of its customers worldwide. The company remains committed to providing reliable and high-quality industrial gases and related services while further strengthening its global presence

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