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Praxair Starts up First Air Separation Unit in Bahrain

  Praxair Starts up First Air Separation Unit in Bahrain

Business Wire

DANBURY, Conn. -- April 17, 2013

Praxair Bahrain, the Middle East-based subsidiary of Praxair, Inc. (NYSE: PX)
has announced the start-up of its first air separation plant in the Kingdom of
Bahrain. As part of the long-term contract, Praxair will supply oxygen,
nitrogen and argon to United Steel Company (SULB) B.S.C. to support the
company’s ongoing expansion efforts.

Praxair’s plant has the capacity to produce 350 tons of oxygen per day, making
it the largest air separation unit in Bahrain. Located in the Al-Hidd
industrial area, SULB is the first fully-integrated medium and heavy beams and
structural steel sections producer in the Middle East, serving industries such
as infrastructure, construction and industrial. Praxair’s air separation plant
will also produce liquid nitrogen, oxygen and argon to supply a diverse group
of customers in the regional merchant market, including hospitals, metal
fabricators, aluminum manufacturers, refiners, chemical plants and food
freezers.

“We are proud to have been chosen to support United Steel Company’s expansion
in the Middle East, and we look forward to working together to promote
industrial development in the region,” said Vipin Sher, managing director,
Middle East for Praxair. “The start-up of this plant, along with the earlier
acquisition of Bahrain Medical and Industrial Gas Plants, establishes Praxair
as a fully-integrated industrial gases business in Bahrain, complete with
on-site, merchant and packaged gas operations.”

“As a result of this expansion, SULB will be one of the lowest cost steel
producers in the world,” said Khalid A Al-Qadeeri, SULB's chairman and
managing director. “And, we are confident that Praxair, with its extensive
experience in supporting the steel industry, will provide us with safe,
reliable and efficient operations.”

About Praxair

Praxair, Inc. (NYSE: PX), is the largest industrial gases company in North and
South America, and one of the largest worldwide, with 2012 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 SULB

United Steel Company (SULB) B.S.C. is a joint venture between Bahrain-based
Gulf United Steel Holding Company (Foulath), the Middle East's leading steel
investment and holding company, and Yamato Kogyo Co., Ltd. of Japan, a leading
global beams and structural sections producer. Foulath and Yamato Kogyo own
51% and 49% of SULB, respectively.

Contact:

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