Skip to main content

Market Overview

Praxair Increases Capacity to Supply Growing Space Launch Demand


, a wholly-owned subsidiary of Linde plc (NYSE:LIN, FWB:LIN)),
has initiated construction on a project to double production capacity at
its Mims, Florida air separation plant. The expansion is in response to
the rapidly growing demand from contracted customers in the space launch
sector as well as in the healthcare, manufacturing, food processing and
water treatment sectors in the area. The project is expected to be
completed by the end of 2019.

"This investment further strengthens Praxair's supply reliability in the
region," said Todd Lawson, East Region vice president of Praxair's U.S.
industrial gas business. "Furthermore, the increased production capacity
of our merchant atmospheric gases will enable us to better support our
customers' growth and efficiencies in the Central Florida region."

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
. 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,
and beverage
, electronics,
manufacturing, primary metals
and many others. For more information about the company, please visit
our website at

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at