Praxair Signs Long-Term Agreement with Samsung to Supply World-Scale Semiconductor Complex in South Korea

April 24, 2018

DANBURY, Conn.–(BUSINESS WIRE)–$PX #PraxairInc—Praxair,
Inc. (NYSE: PX) announced it has signed a long-term agreement to
supply ultra-high purity industrial gases, including nitrogen, oxygen
and argon, as well as hydrogen, to SamsungÔÇÖs semiconductor manufacturing
facility in Pyeongtaek, Gyeonggi province, South Korea. This is
PraxairÔÇÖs largest investment in a single customer project to date.

Praxair will build, own and operate several hydrogen plants and air
separation units that will supply the gases to meet SamsungÔÇÖs growing
semiconductor demands worldwide. Praxair will also build multiple
purifiers and an extensive pipeline system to support the project. The
first of PraxairÔÇÖs new plants will start up in 2019.

"For more than 40 years, we have worked closely with Samsung to provide
a reliable supply of industrial gases and innovative technologies that
enable them to serve their electronics customers globally, while helping
drive efficiency and growth,ÔÇØ said B.S. Sung, president of Praxair
Korea. ÔÇ£We are proud to strengthen our longstanding relationship with
Samsung, a world leader in semiconductor technologies, and look forward
to supporting their newest world-scale manufacturing complex."

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 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 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.