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Praxair Signs Long-Term Agreement to Supply Huayi's New Chemical Material Facility in China

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Praxair,
Inc.
, a wholly-owned subsidiary of Linde plc (NYSE:LIN),
today announced it will supply oxygen and other industrial gases to
Shanghai Huayi, one of the largest chemical companies in China, at its
new complex in Qinzhou, China. The complex will manufacture methanol,
acetic acid and other chemicals.

Praxair will build, own and operate three air separation units that will
supply up to 7,500 tons per day (TPD) of oxygen and 5,000 TPD of
nitrogen to the site. The new plants will start up in the second half of
2020 and the complex is expected to be Praxair's largest investment in
China to-date.

"We are proud to expand our longstanding relationship with Shanghai
Huayi by continuing to provide a reliable supply of gases to its
operations," said Will Li, president of Praxair China. "This new project
will further demonstrate our strengths in supporting major chemical
industry projects and allow us to build density in south China – a
region positioned for future growth."

Shanghai Huayi has a strong presence in east China and will expand into
the southern part of the country with the Qinzhou facility. The
expansion will help meet growing demand, as China continues to consume
the majority of the world's methanol production.

"Praxair has been a safe and reliable partner for many years," said Chen
Dasheng, Chairman of Shanghai Huayi Chemical Energy Co., Ltd. "The
Qinzhou project is a long-term investment that expands our operations in
a part of the country that will continue to see increased growth."

About Praxair

Praxair, Inc., a wholly-owned subsidiary of Linde plc, is a leading
industrial gas company in North and South America and one of the largest worldwide.
With market capitalization of approximately $40 billion and 2017 sales
of $11 billion, the company employs over 26,000 people globally and has
been named to the Dow Jones® World Sustainability Index for 16
consecutive years. Praxair produces, sells and distributes atmospheric,
process and specialty gases,
and high-performance surface
coatings
. Our products, services
and technologies are making our planet more productive by
bringing efficiency and environmental benefits to a wide variety of industries,
including aerospace,
chemicals,
food
and beverage
, electronics,
energy,
healthcare,
manufacturing, primary metals
and many others. For more information about the company, please visit
our website at www.praxair.com.

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