Praxair

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Praxair, Inc.
Public
Traded as NYSEPX
S&P 500 Component
Industry Chemicals (industrial gases)
Founded 1907
Headquarters Danbury, Connecticut
Key people
Steve Angel - Chairman, President and CEO
Revenue US$ 12 billion (2013)
Number of employees
27,000 (2014)
Website http://www.praxair.com

Praxair, Inc. is a industrial gases company. It is the largest industrial gases company in North and South America, and the third-largest worldwide by revenue.

History[edit]

Headquartered in Danbury, Connecticut, the company was originally founded as Union Carbide in 1907.[1] Praxair was the first company in North America to commercialize cryogenically separated oxygen.[citation needed] The company introduced the first distribution system for liquid gas in 1917 and developed on-site gas supply in the 1940s.[citation needed] In the 1960s, Praxair introduced non-cryogenic means of air separation.[citation needed]

Praxair adopted its name from the Greek word "praxis", or practical application, and "air", its primary raw material.[citation needed]

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