Praxair Ups Stake in Scandinavian Gases Joint Venture with Yara

Praxair and Yara International have signed an agreement under which Praxair increased its ownership in the Yara Praxair (Oslo) industrial gases joint venture in Scandinavia from 50% to 66%.  The jv, formed in late 2007, comprises Yara International’s industrial gases businesses located in Norway, Denmark and Sweden. The venture will continue to operate under the name Yara Praxair. Terms of the deal were not disclosed. Yara, and more recently Yara Praxair, has served the Scandinavian industrial gases market as one of the leading suppliers to more than...

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