Tuesday 23 September
2008, San José, Costa
Rica
Praxair Acquires New
Plant in Costa Rica
Praxair Costa Rica, a
wholly-owned subsidiary
of Praxair Inc. is
reported to have
acquired a new ASU
plant, considered to be
one of the most modern
in Latin America.
The investment is part
of the expansion plan
the company has been
developing for several
years, including the
relocation of its
operating facilities
from Tres Ríos to El
Coyol de Alajuela in the
Propark Industrial Park,
according to a report by
El Financiero.
The equipment will allow
a five-fold increase in
production capacity and
the company will be able
to sell its products
outside the national
market, in particular to
Panamá, Central America
and the Caribbean.
According to General
Manager Cristian Sauter,
investment in the plant
is worth an estimated
US$15m.
Sauter is also believed
to have indicated that
the plant, which was
purchased in Italy from
another Praxair
subsidiary, will be
commissioned in the
second quarter of 2009,
between May and June. |
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