Danbury Based Praxair Signs Helium Agreement

Praxair, Inc., a Danbury based leader in the production and supply of helium and other industrial gases, announced that it has signed a long-term agreement with Castleton Commodities International for the refining and purchase of helium. CCI, a leader in gas processing in the Four Corners region of the U.S., 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.

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