Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  Praxair, Inc.    PX

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Praxair, Inc. : Praxair Acquires Tri-State Carbonic, LLC.'s Merchant Carbon Dioxide Business

04/11/2013 | 10:31am US/Eastern
April 11, 2013

Acquisition Expands Praxair Carbon Dioxide Supply Reliability and Services

DANBURY, Conn., April 11, 2013 - Praxair, Inc. (NYSE: PX), today announced the acquisition of Tri-State Carbonic's Merchant carbon dioxide (CO2) business 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.

distributed by
React to this article
Latest news on PRAXAIR, INC.
02:49a PRAXAIR : Declares Dividend in 3Q 2015; OKs New Share Repurchase Program
02:49a PRAXAIR : Reports 2Q 2015 Results
07/30 PRAXAIR : PX) Releases FY15 Earnings Guidance
07/30 PRAXAIR : Declares Dividend in Third Quarter 2015
07/29 PRAXAIR : and Delaware City Refining Sign Long-Term Supply Agreement for Refiner..
07/29 PRAXAIR : Reports Second Quarter 2015 Results
07/29DJPraxair Lowers Full-Year Guidance as Currency Headwinds Continue
07/29 PRAXAIR : Reports Second Quarter 2015 Results
07/29 PRAXAIR : Results of Operations and Financial Condition, Other Events, Financial..
07/29 PRAXAIR : meets 2Q profit forecasts
Advertisement
Chart
Duration : Period :
Praxair, Inc. Technical Analysis Chart | PX | US74005P1049 | 4-Traders
Income Statement Evolution
More Financials