ROHSTOFF INTERNATIONAL

14:30 | 13.10.2017
Praxair Signs Long-Term Contract to Supply Huali Microelectronics at Kangqiao Industrial Park in Shanghai, China

Praxair,
Inc. (NYSE: PX) today announced it has signed a long-term contract
to supply nitrogen, high purity oxygen, helium and other gases to
Shanghai Huali Microelectronics Corporation (HLMC), a subsidiary of
Huahong Group, based in Shanghai.

Praxair will build, own and operate two air separation plants that will
provide approximately 600 tons per day of nitrogen to HLMC’s new
production base in Kangqiao Industrial Park, located 15 kilometers away
from their existing site at Zhangjiang Hi-tech Park in Shanghai, China.

Praxair will start to supply HLMC from the new plants in early 2018 to
support the company’s commissioning and production schedule. Praxair has
served its industrial gas needs at the company’s Zhangjiang site through
a long-term bulk gas supply agreement since 2010.

HLMC has invested more than US$ 5.7 billion in its business and process
technology supporting 28 to 14 nm nodes. Its new 12-inch wafer product
line is a significant subproject of the National “910 Project.” This is
a major industrial and engineering program in Shanghai, which has been
included in China’s 13th five-year integrated circuit industry major
productivity plan.

“Praxair has been a reliable supplier of industrial gas to our
operations in Zhangjiang for many years,” said Mr. Tang Junjun, vice
president of HLMC. “We are very pleased to build on our relationship
with Praxair through this new project.”

“We are proud to be a supplier of choice for HLMC as we continue to
serve their fabrication needs in Shanghai and support their growth in
the electronics market,” said Will Li, president of Praxair China. “This
new project will enhance our competitive position in the semiconductor
industry and continue to build our density in China.”
About Praxair
Praxair, Inc. 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 2016 sales
of $11 billion, the company employs over 26,000 people globally and has
been named to the Dow Jones® World Sustainability Index for 15
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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171013005328/en/


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