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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Praxair Ups Stake in Scandinavian gASES JV

11:37 AM MDT | October 10, 2011 | —NATASHA ALPEROWICZ

Praxair and Yara International have signed an agreement for Praxair to increase 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 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 30,000 customers for nearly...

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