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Business
Praxair Secures More Helium
by Marc S. Reisch
September 14, 2015
| A version of this story appeared in
Volume 93, Issue 36
Praxair has signed a long-term agreement to buy up to 100 million cu ft per year of helium from Nacogdoches Oil & Gas. The helium will enhance Praxair’s ability to supply the element as supplies from the Bureau of Land Management’s system decline. Praxair says NOG’s helium comes from a unique gas field in Apache County, Ariz., that yields mostly helium and nitrogen. Competitor Air Products & Chemicals recently started up a helium extraction plant in Colorado that is able to produce up to 230 million cu ft per year.
The power is now in your (nitrile gloved) hands
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