Praxair is one of the world's largest manufacturers of industrial gases. Praxair produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings.
The company's products and technologies are used in a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others.
Praxair's primary products are:
- atmospheric gases -- oxygen, nitrogen, argon and rare gases (produced when air is purified, compressed, cooled, distilled and condensed)
- process & specialty gases -- carbon dioxide, helium, hydrogen, semiconductor process gases, and acetylene (produced as by-products of chemical production or recovered from natural gas).
The company also designs, engineers and constructs cryogenic and non-cryogenic supply systems. It has operations in 44 countries.
In 2013, Praxair reported revenues of $11.9 billion, up 6% from the previous year, and net income of $1.75 billion.
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 past century, Praxair has remained a leader in 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 holds almost 3,000 patents.
Employee benefits include:
Updated November 7, 2014