16 November 2012 16:49 [Source: ICIS news]
HOUSTON (ICIS)--US Praxair said on Friday that it has acquired Acetylene Oxygen Company (AOC), a distributor of Praxair industrial gases. Financial terms were not disclosed.
The transaction allows Praxair to expand its presence in Texas, the company said, following up on last year’s acquisitions of Houston-area National Alloy and Texas Welders Supply Company.
Praxair sells atmospheric and process gases and surface coatings in North and South America, Europe and Asia.
Its products are used in several industries including chemicals, manufacturing, aerospace, food and healthcare.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections