Praxair acquires Lake Welding Supply Company Praxair announced that it has acquired Lake Welding Supply Company, an independent gas and welding products distributor in western Michigan. Financial terms of the transaction were not disclosed.
Praxair signs long-term agreement with Castleton Commodities Praxair announced that it has signed a long-term agreement with Castleton Commodities International for the refining and purchase of helium. CCI owns and operates a gas processing facility and helium refinery in Utah. Praxair has been actively developing helium-rich natural gas fields in the region, including helium associated with a recently announced purchase agreement with Nacogdoches Oil & Gas. With Praxair's additional feedstock, CCI will restart its idled refinery, which can produce up to 150 million cubic feet per year of liquid helium.