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White Martins Starts up New Air Separation Plant for Braskem in Brazil

  White Martins Starts up New Air Separation Plant for Braskem in Brazil

Business Wire

DANBURY, Conn. -- January 9, 2013

White Martins, the Brazil-based subsidiary of Praxair, Inc. (NYSE: PX) has
started up a new air separation plant in the state of Alagoas, in Brazil´s
northeast region. As part of the long-term contract, Praxair will supply
nitrogen and oxygen to Braskem, the largest petrochemical company in the
Americas and the world´s largest producer of biopolymers.

The plant has a capacity of 200 tons per day and will supply Braskem’s
expanded polyvinyl chloride (PVC) unit. Braskem has invested an estimated $500
million in the new industrial unit -- the highest investment ever made by the
company for a single project in Brazil. Braskem’s facility produces vinylic
materials, polyethylene and polypropylene to serve industries such as
footwear, toys, housing, sanitation and infrastructure.

With one PVC unit currently operating in Alagoas, this project will almost
double Braskem’s annual PVC production capacity in the state, making Alagoas
the largest producer of PVC in Latin America. The investment marks the
strengthening of the chemical and plastic production chain, while promoting
industrial development in the region.

“White Martins has played a fundamental role in the execution of this project,
which ensures the reliable supply of oxygen, a critical production input at
Braskem’s new PVC plant in the state of Alagoas.” said Marcelo Cerqueira, vice
president of Braskem’s Vinyls Unit. “This facility is very important to the
state and to Brazil, as it will serve domestic demand, especially in the
construction industry.”

"We are proud to be selected by Braskem to take part in this important
project. The start up of our new air separation plant further demonstrates our
ability to reliably serve large, world-class petrochemical facilities and our
commitment to a long-term relationship with Braskem," said Domingos Bulus,
president of White Martins.

About White Martins Gases Industriais Ltda.

White Martins has supplied a comprehensive range of industrial gases and
technologies to customers in a wide variety of industries for 100 years. In
addition to Brazil, it has operations in eight other South American countries
and is the leading industrial and medical gases supplier in the region.

About Praxair

Praxair, Inc., is the largest industrial gases company in North and South
America, and one of the largest worldwide, with 2011 sales of $11 billion. The
company produces, sells and distributes atmospheric, process and specialty
gases, and high-performance surface coatings. Praxair 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,
metals and others. More information on Praxair, Inc. is available on the
Internet at www.praxair.com.

About Braskem

Braskem is the largest producer of thermoplastic resins in the Americas. With
36 industrial plants in Brazil, the United States and Germany, the company
produces over 35 billion pounds annually of thermoplastic resins and other
petrochemical products, such as ethylene, butadiene and aromatics. Braskem is
also the world’s leading biopolymers producer with a 440 million pound green
polyethylene plant that produces polyethylene from sugarcane-based ethanol.

Contact:

Praxair, Inc.
Jacqueline Hunt, Media
(203) 837-2663 - jacqueline_hunt@praxair.com
or
Kelcey Hoyt, Investors
(203) 837-2118 - kelcey_hoyt@praxair.com
 
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