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S.A. WHITE MARTINS, A PRAXAIR SUBSIDIARY, PARTICIPATES IN BRAZILIAN PRIVATIZATION

 RIO DE JANEIRO, Brazil, Sept. 27 /PRNewswire/ -- S.A. White Martins, a subsidiary of Praxair, Inc. (NYSE: PX), has acquired two air separation plants previously operated by Acominas, a major steel manufacturer. The company also gained a 20-year contract to supply Acominas more than 1,200 tons per day of oxygen, nitrogen and argon.
 The transaction is associated with the acquisition of Acominas from the Brazilian government by a consortium led by Mendes Junior, a Brazilian steel producer and customer of White Martins.
 Acominas, located in Brazil's Minas Gerais state, produced more than two million tons of steel for both domestic and export markets in 1992.
 White Martins is Brazil's leading industrial gases company, with 1992 sales of $588 million. Consistent with Praxair's strategy to expand its business in high-growth South American markets, White Martins plans to be an active participant in Brazil's privatization program through acquisition of air separation facilities of privatized companies.
 Praxair is the largest industrial gases supplier in North and South America, and one of the largest worldwide, with 1992 sales of $2.6 billion. The company also is a leading supplier of metal and ceramic coatings and powders.
 -0- 9/27/93
 /CONTACT: Susan Szita Gore of Praxair, 203-794-5593/
 (PX)


CO: Praxair, Inc.; S.A. White Martins ST: IN: OIL MNG SU:

WB -- NY062 -- 5958 09/27/93 13:14 EDT
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Publication:PR Newswire
Date:Sep 27, 1993
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