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Researched by Industrial Info Resources (Sugar Land, Texas)--Praxair Incorporated (NYSE:PX) (Danbury, Connecticut) is underway with a series of capital and maintenance projects as its merger with Linde AG (Munich, Germany) looms on the horizon, which will create the world's largest supplier of industrial gases. Industrial Info is tracking $826.5 million in active Praxair projects across the world.
A final decision on the Linde-Praxair merger remains in the hands of European regulators. Last month, the companies agreed to divest more than $9 billion in assets--Linde $3.3 billion worth in North America and South America, and Praxair $5.9 billion worth in Europe--in order to assist the regulatory process.
Praxair continues with both grassroot projects and expansions of existing plants in North America. Among the largest Praxair projects being tracked by Industrial Info is construction of a grassroot plant in Geismar, Louisiana, to produce hydrogen and high-purity carbon monoxide from a stream of crude synthesis gas. The facility will provide the gases to an adjacent plant owned by chemicals producer BASF SE (Ludwigshafen, Germany). Construction is expected to start in the first half of next year and be completed in 2020. KP Engineering Limited Partnership (Houston, Texas) is providing engineering, procurement and construction for the project. For more information, see Industrial Info's project report.
In Texas, Praxair has begun work on a brownfield site to construct a hydrogen and carbon monoxide plant in Pasadena. The plant will produce approximately 80 million cubic feet per day of the gases. Completion is expected in the fourth quarter of next year. For more information, see Industrial Info's project report.
New plant construction is not the only activity for Praxair. The company is evaluating plant expansions in Texas and Florida. In Florida, Praxair could construct a new air separation unit to produce an estimated 300 tons per day of oxygen, nitrogen and argon. Construction could begin next year, for completion in early 2020. For more information, see Industrial Info's project report.
Industrial Info's coverage of the Chemical Processing Industry extends around the world, and in addition to North America, IIR is tracking Praxair projects in Europe, South America and Asia. In India, Praxair India Limited is underway with construction on a grassroot air separation plant in Andhra Pradesh. The facility will produce approximately 80 tons per day of oxygen, nitrogen and argon, and will supply an existing steel mill in the area. Construction began in mid-2016 and is expected to be completed by the end of the year. For more information, see Industrial Info's project report.
These are a few of the 21,000 Chemical Processing projects valued at more than $1 trillion covered by Industrial Info's Global Market Intelligence (GMI) Database. To learn more, visit www.industrialinfo.com or contact us at (713) 783-5147.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
A final decision on the Linde-Praxair merger remains in the hands of European regulators. Last month, the companies agreed to divest more than $9 billion in assets--Linde $3.3 billion worth in North America and South America, and Praxair $5.9 billion worth in Europe--in order to assist the regulatory process.
Praxair continues with both grassroot projects and expansions of existing plants in North America. Among the largest Praxair projects being tracked by Industrial Info is construction of a grassroot plant in Geismar, Louisiana, to produce hydrogen and high-purity carbon monoxide from a stream of crude synthesis gas. The facility will provide the gases to an adjacent plant owned by chemicals producer BASF SE (Ludwigshafen, Germany). Construction is expected to start in the first half of next year and be completed in 2020. KP Engineering Limited Partnership (Houston, Texas) is providing engineering, procurement and construction for the project. For more information, see Industrial Info's project report.
In Texas, Praxair has begun work on a brownfield site to construct a hydrogen and carbon monoxide plant in Pasadena. The plant will produce approximately 80 million cubic feet per day of the gases. Completion is expected in the fourth quarter of next year. For more information, see Industrial Info's project report.
New plant construction is not the only activity for Praxair. The company is evaluating plant expansions in Texas and Florida. In Florida, Praxair could construct a new air separation unit to produce an estimated 300 tons per day of oxygen, nitrogen and argon. Construction could begin next year, for completion in early 2020. For more information, see Industrial Info's project report.
Industrial Info's coverage of the Chemical Processing Industry extends around the world, and in addition to North America, IIR is tracking Praxair projects in Europe, South America and Asia. In India, Praxair India Limited is underway with construction on a grassroot air separation plant in Andhra Pradesh. The facility will produce approximately 80 tons per day of oxygen, nitrogen and argon, and will supply an existing steel mill in the area. Construction began in mid-2016 and is expected to be completed by the end of the year. For more information, see Industrial Info's project report.
These are a few of the 21,000 Chemical Processing projects valued at more than $1 trillion covered by Industrial Info's Global Market Intelligence (GMI) Database. To learn more, visit www.industrialinfo.com or contact us at (713) 783-5147.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
