Praxair
| 180px | |
| Public | |
| Traded as | NYSE: PX S&P 500 Component |
| Industry | Chemicals (industrial gases) |
| Founded | 1907 |
| Headquarters | Danbury, Connecticut |
|
Key people
|
Steve Angel - Chairman, President and CEO |
| Revenue | US$ 12 billion (2013) |
|
Number of employees
|
27,000 (2014) |
| Website | http://www.praxair.com |
Praxair, Inc. is an industrial gases company. It is the largest industrial gases company in North and South America, and the third-largest worldwide by revenue.
History
The company was originally founded by Carl von Linde as Linde Air Products Company in 1907. In 1917, it joined with 4 other chemical companies under the name Union Carbide and Carbon Corporation, while maintaining a separate identity.[1] Its degree of independence waxed and waned over the years, and in 1989, it was spun off as a subsidiary, Union Carbide Industrial Gases Inc., and renamed to Praxair when it became a formally independent company three years later.[2] The name is derived from a combination of the Greek word "praxis", or practical application, and "air", the company's primary raw material.[citation needed]
Praxair was the first company in North America to commercialize cryogenically separated oxygen.[citation needed] The company introduced the first distribution system for liquid gas in 1917 and developed on-site gas supply in the 1940s.[citation needed] In the 1960s, Praxair introduced non-cryogenic means of air separation.[citation needed]
References
- ↑ "Praxair, Inc." International Directory of Company Histories. Ed. Paula Kepos. Vol. 11. Detroit: St. James Press, 1995. 402-404
- ↑ http://www.unioncarbide.com/History
External links
- Pages with broken file links
- Articles with unsourced statements from June 2011
- Articles with unsourced statements from September 2013
- Companies established in 1907
- Companies based in Fairfield County, Connecticut
- Danbury, Connecticut
- Chemical companies of the United States
- Companies listed on the New York Stock Exchange
