Praxair Starts Up New Air Separation Plant at Samsung Display Complex in Tangjeong, South Korea

DANBURY, Conn.–(BUSINESS WIRE)–$PXPraxair,
Inc.
(NYSE:PX) today announced the start-up of a new air separation
plant to supply 700 tons per day of nitrogen to Samsung’s display
manufacturing complex in Tangjeong, South Korea.

Samsung’s Tangjeong complex, the world’s first and largest
sixth-generation flexible Organic Light Emitting Diodes (OLED) panel
plant, is expanding to meet increasing demand for future generations of
displays. OLEDs are used in a variety of products including televisions,
mobile devices, digital cameras, virtual reality headsets and laptops.
Praxair’s nitrogen is being used for cooling and purging applications in
Samsung’s manufacturing process.

This is Praxair’s third plant supporting the facility. The company has
been supplying Samsung’s display operations with nitrogen, oxygen,
argon, helium and other gases since 2005, including its LCD factory in
Tangjeong.

“Praxair has enjoyed a relationship with Samsung for more than 25 years
and is committed to supporting their expanded production capabilities
with a broad array of gases, applications technologies and customer
support,” said B.S. Sung, president of Praxair Korea. “We have been
recognized as a consistently reliable supplier to Samsung and look
forward to a long future together supporting their growing requirements
in the country and throughout the world.”

About Praxair

Praxair, Inc., a Fortune 300 company with 2016 sales of $11 billion, is
a leading industrial gas company in North and South America and one of
the largest worldwide.
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, primary metals and many others. More information about
Praxair, Inc. is available at www.praxair.com.

Contacts

Praxair
Media:
Jason Stewart, 203-837-2448
[email protected]
or
Investors:
Juan
Pelaez, 203-837-2213
[email protected]