Praxair, Inc.

Praxair, Inc.

Praxair, Inc.

Overview
Date Founded

1907

Headquarters

39 Old Ridgebury Road,Danbury, CT 06810-5113

Type of Company

Private

Employees (Worldwide)

26.7K

Industries

Engineering, Construction & Architecture
Industrial Machinery & Manufacturing
Oil & Gas
Chemicals

Company Description

With 26,000 employees and active in more than 50 countries, Praxair is focused on making our planet more productive by helping our customers become more profitable, efficient and environmentally friendly. Praxair is a global Fortune 300 company that supplies atmospheric, process and specialty gases, high-performance coatings, and related services and technologies. Among the gases we supply are oxygen, nitrogen, argon, carbon dioxide, helium, and hydrogen. The company’s world-class engineering organization designs, engineers and constructs cryogenic and non-cryogenic supply systems around the world. Our Praxair Surface Technologies subsidiary applies metallic and ceramic coatings and powders to metal surfaces in order to resist wear, high temperatures and corrosion. The gases and technologies supplied by Praxair are used by a wide variety of industries — to preserve foods, produce computer chips, improve the efficiency of industrial processes, reduce emissions, clean and recycle waste water, treat hospital patients, make cleaner-burning transportation fuels, increase energy supplies and put the fizz in soft drinks. We even received an Academy Award for our special effects “synthetic air” used in movies like Spider Man, Armageddon and Bruce Almighty. Praxair is a recognized leader in sustainable development. For ten consecutive years, the company has been selected as a component of the Dow Jones Sustainability World Index -- the only U.S. chemical company with this distinction -- and for three consecutive years has been selected for the Carbon Disclosure Project’s Carbon Disclosure Leadership Index. Download our Corporate Brochure (PDF=1.13MB) View our Company Video (WMV=36MB) Worldwide Locations Praxair adopted its name in 1992, from the Greek word "praxis", or practical application, and "air", our primary raw material. The company was originally founded in 1907 when it was the first company in North America to commercialize cryogenically separated oxygen. Over the century of its existence, Praxair has led the development of processes and technologies that have revolutionized the industrial gases industry. The company introduced the first distribution system for liquid gas in 1917, and developed on-site gas supply by the end of WWII. In the 1960s, Praxair introduced non-cryogenic means of air separation, and since then has continued to introduce innovative applications technologies for various industries. The company has over 4,000 patents and pending applications.

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Executives & Employees

Director & Chief Executive Officer

Executive Director of Global Diversity, Inclusion & Talent Acquisition

Chief Financial Officer & Senior Vice President

Vice President, General Counsel & Corporate Secretary

Chief Technology Officer

Assistant General Counsel & Chief Compliance Officer

Vice President & Chief Information Officer

Chief Sustainability Officer & Vice President

Chief Accounting Officer

President, Praxair Asia

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Recent Transactions
Details Hidden

Praxair, Inc. purchases Linde AG

Details Hidden

KuibyshevAzot PJSC purchases Praxair Azot Togliatti LLC from Praxair, Inc.

Details Hidden

JSW Steel Ltd. purchases JSW Praxair Oxygen Pvt. Ltd. from Praxair, Inc.

Transaction Clients

Advised on Chicago Bridge & Iron Co. NV issued USD Common Stock

Transaction Advisors
Accountant

Advised onPraxair, Inc. purchases Gas Technology Institute

Accountant

Advised onPraxair, Inc. purchases Air Liquide SA /German Industrial Gas Operations from Air Liquide SA

Legal Advisor

Advised onPraxair, Inc. purchases Linde AG

Legal Advisor

Advised onPraxair, Inc. purchases Linde AG

Legal Advisor

Advised onPraxair, Inc. purchases Linde AG

Legal Advisor

Advised onPraxair, Inc. purchases Yara International ASA /European CO2 Business from Yara International ASA

Advisors & Consultants
Legal Advisor

Partner at Ropes & Gray LLP

Legal Advisor

Chair, Environmental Group at Calfee, Halter & Griswold LLP

Legal Advisor

President at Sidra Real Estate LLC

Clients

DuPont de Nemours, Inc. operates as a holding company, which engages in the development of specialty materials, chemicals, and agricultural products. It operates through the following segments: Electronics & Imaging; Nutrition & Biosciences; Transportation & Industrial; Safety & Construction, and Non-Core. The Electronics & Imaging segment provides permanent and process chemistries for the fabrication of printed circuit boards to include laminates and substrates, electroless and electrolytic metallization solutions, as well as patterning solutions and materials and innovative metallization processes for metal finishing, decorative, and industrial applications. The Nutrition & Biosciences segment provides solutions for the global food and beverage, dietary supplements, pharma, home and personal care, energy and animal nutrition markets. The Transportation & Industrial segment engineering resins, adhesives, silicones, lubricants and parts to engineers and designers in the transportation, electronics, healthcare, industrial and consumer end-markets to enable systems solutions for demanding applications and environments. The Safety & Construction segment provides engineering products and integrated systems for a number of industries including, worker safety, water purification and separation, aerospace, energy, medical packaging and building materials. The Non-Core segment supplier of key materials for the manufacturing of photovoltaic cells and panels, including SOLAMET metallization pastes, TEDLAR backsheet materials, and FORTASUN silicone encapsulants and adhesives. The company was founded in 1897 and is headquartered in Wilmington, DE.

General Electric Co. is a technology and financial services company. It operates through the following segments: Power, Renewable Energy, Aviation, Healthcare, and Capital. The Power segment offers technologies, solutions, and services related to energy production, which includes gas and steam turbines, generators, and power generation services. The Renewable Energy segment provides wind turbine platforms, hardware & software, offshore wind turbines, solutions, products & services to hydropower industry, blades for onshore & offshore wind turbines, and high voltage equipment. The Aviation segment provides jet engines & turboprops for commercial airframes, maintenance, component repair, and overhaul services, as well as replacement parts, additive machines & materials, and engineering services. The Healthcare segment provides healthcare technologies in medical imaging, digital solutions, patient monitoring, and diagnostics, drug discovery, biopharmaceutical manufacturing technologies and performance enhancement solutions. The Capital segment leases & finances aircraft, aircraft engines and helicopters, and also provides financial and underwriting solutions. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Boston, MA.

Headquartered in Findlay, Ohio in the heart of the Midwest, Marathon Petroleum Corporation (MPC) is the name of the parent company which includes several subsidiary companies including Marathon Petroleum Company LP, Marathon Pipe Line LLC, and Speedway LLC. MPC is the nation’s fifth largest refiner and the largest refiner in the Midwest. MPC’s refining, marketing and transportation operations are concentrated primarily in the Midwest, Gulf Coast and Southeast regions of the U.S. MPC operations are strategically located to serve major markets. They include a six-plant refining network, a comprehensive terminal and transportation system, and extensive wholesale and retail marketing operations. This includes both the Marathon Brand and MPC’s wholly owned retail marketing subsidiary, Speedway LLC, the nation’s fourth largest chain of company-owned and operated retail gasoline and convenience stores.

Key Stats and Financials As of
Market Capitalization
$106B
Total Enterprise Value
Earnings Per Share
Non-Profit Donations & Grants
$150 - $2,499
2019
$10K - $50K
2018
Political Donations
$1,500
2014
$2,000
2014
$2,000
2014
Investments
Details Hidden

ChemConnect, Inc. provides market information and e-commerce solutions. It operates an electronic exchange that trades midstream energy, feedstocks, chemicals, and commodities. The firm offers third party commodity exchange, auctions, bulletin-board, back-end fulfillment, and market information services for NGL's, chemicals, feedstocks, polymers, and fuel oil. The company was incorporated on July 19, 2000 and is headquartered in The Woodlands, TX.

Investors
Details Hidden

Life Peer at United Kingdom House of Lords

Suppliers
Chart Industries, Inc. Other Manufacturing | Ball Ground, GA

Chart Industries, Inc. engages in the manufacturing of engineered equipment for the industrial gas, energy, and biomedical industries. It operates through the following business segments: Energy and Chemicals Cryogenics, Distribution and Storage Western Hemisphere, Distribution & Storage Eastern Hemisphere, and Energy and Chemicals FinFans. The Energy and Chemicals Cryogenics segment supplies engineered equipment and technology-driven process systems used in the separation, liquefaction, and purification of hydrocarbon and industrial gases. The Distribution and Storage Western and Eastern Hemisphere segment designs, manufactures, and services cryogenic solutions for the storage and delivery of cryogenic liquids used in industrial gas and LNG applications in different geographical regions. The Energy and Chemicals FinFans facilitates major natural gas, petrochemical processing, petroleum refining, power generation and industrial gas companies in the production of their products. The company was founded in 1992 and is headquartered in Ball Ground, GA.

Zhangjiagang Furui Special Equipment Co., Ltd. Other Manufacturing | Zhangjiagang, China

Zhangjiagang Furui Special Equipment Co., Ltd. engages in the design, production, and sale of metal pressure vessels. Its products include special energy equipment such as liquefied natural gas (LNG) and liquefied-to-compressed natural gas (L-CNG) car filling stations, LNG vehicle air supply systems, LNG marine gas supply systems, LNG storage tanks, boiler gas supply systems, cryogenic liquid carriers, cryogenic liquid tank containers, low temperature valves, and vacuum insulated tubes. It also provides seawater desalination, gas separation and liquefaction, equipment installation, and ocean engineering services. The company was founded on August 5, 2003 and is headquartered in Zhangjiagang, China.

Honeywell International, Inc. Market & Policy Research | Charlotte, NC

Honeywell International is a technology and manufacturing company that offers energy, safety, and security solutions and technologies. It offers aerospace products and services; control technologies for buildings, homes, and industry; automotive products; turbochargers; specialty chemicals; electronic and advanced materials; process technology for refining and petrochemicals; and energy efficient products and solutions. The company offers energy efficiency benefits across four industry sectors: transportation, commercial buildings, industrial, and residential. Its safety technologies focus on emergency management, flights, and workplace. It offers security and control technologies for industrial, defense, and residential purposes. Honeywell International’s offerings are categorized as consumer and home; aerospace and defense; safety and security; buildings, construction, and maintenance; scanning and mobile productivity; industrial process control; efficiency, energy, and utilities; automotive and transportation; oil and gas, refining, petrochemicals, and biofuels; healthcare and medical; chemicals, specialty materials, and fertilizers; manufacturing; and fire protection and first responder. Honeywell International was founded in 1906 and is based in Morristown, New Jersey.

Competitors
Air Products & Chemicals, Inc. Engineering, Construction & Architecture - Allentown, PA

Air Products & Chemicals, Inc. engages in the manufacture and distribution of atmospheric gases. It operates through the following segments: Industrial Gases-Americas; Industrial Gases-EMEA (Europe, Middle East, and Africa); Industrial Gases-Asia; Industrial Gases-Global; and Corporate and Other. The Industrial Gases-America, EMEA and Asia segment markets and produces atmospheric gases such as oxygen, nitrogen, argon, and rare gases; process gases such as hydrogen, helium, carbon dioxide, carbon monoxide, syngas, and specialty gases; and equipment for the production and processing of gases such as air separation units and non-cryogenic generators. The Industrial Gases-Global segment comprises cryogenic and gas processing equipment for air separation. The Corporate and Other segment includes LNG equipment and helium storage and distribution sale of equipment businesses and corporate support functions. The company was founded by Leonard Parker Pool on September 30, 1940 and is headquartered in Allentown, PA.

Air Liquide SA Engineering, Construction & Architecture - Paris, France

Air Liquide SA supplies gases for the large industry and health businesses. The company operates through the following segments: Gas & Services, Engineering & Construction, Global Markets & Technologies and Other Activities. The Gas & Services segment engages in the supply of gases, which is organized by geographical area of Europe, Americas, Asia-Pacific and the Middle-East and Africa. The Engineering & Construction segment designs, develops and builds industrial gas production plants for the Group and third parties. It also designs and manufactures plants in the traditional, renewable and alternative energy sectors. The Global Markets & Technologies segment ocuses on new markets which require a global approach, drawing on science, technologies, development models, and usages related to digital transformation The Other Activities segment primarily operates its business through two businesses: Welding and Diving. The Welding business develops welding and cutting technologies, which covers a wide market range such as naval shipyards, automotive, transport equipment, infrastructures, boilers, distributors, machinery and equipment and energy. The Diving business markets deep-sea diving and swimming equipment to professionals and private individuals. Air Liquide was founded by Georges Claude and Paul Delorme on November 8, 1902 and is headquartered in Paris, France.

Sequa Corp. Metal Manufacturing & Products - Palm Beach Gardens, FL

Sequa Corp. manufactures metal coatings and aerospace products. It provides repairs for jet engine parts, turbine airfoils, and other critical engine parts in the industrial, marine gas turbine, and military markets. It also offers decorative and protective coatings to continuous coiled steel for use in commercial and residential construction projects. The company is headquartered in Palm Beach Gardens, FL.

Awards & Honors
Rank #262
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #262
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
Rank #43
2011
Forbes Magazine - The Nifty 50
Sponsored by
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