Praxair invests $15 millions in new gas plant in Costa Rica

Praxair Costa Rica, a subsidiary of Praxair Inc. is reported to have acquired a new ASU plant, considered to be one of the most modern in Latin America.

Tuesday, September 23, 2008


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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.

More on this topic

Zeta Gas to Invest $1.5 million in El Salvador

December 2011

The company has opened the first liquefied petroleum gas (LPG) plant, out of the twenty that it plans to open in the country.

The plant, located at km. 135.5 of the Pan American Highway, has storage capacity for 3,000 gallons and is the first of its kind in the country.

"The manager of Zeta Gas El Salvador, Magali Benavides said motorists can save up to 20% on the cost of oil and filters, as well as extending the life of spark plugs, because it does not produce carbon and other impurities.

Gas Plant Construction Still Unresolved in Guatemala

August 2011

The regulator has still not issued an opinion on the Environmental Impact Assessment (EIA) submitted by Grupo Tomza to build a gas plant in Punta de Manabique.

The new Environmental Impact Assessment (EIA) presented by the company includes moving the location of the plant by about 500 meters to ensure that the impact on flora and fauna will be temporary and can be mitigated through forestation plans.

Argon, Oxygen and Nitrogen Exports

July 2009

Starting August 2009, Praxair Costa Rica, local subsidiary of Praxair Inc corporation, will export liquefied gases to Nicaragua and Panama.

To expand its market and export to the region, Praxair Costa Rica invested $15 million in a new 7.000 square meter facility, which is in the last stage of construction.

Panama: Financing for 381 MW Plant

May 2016

The construction of the energy generation plant using natural gas by AES Colon will be financed with a syndicated loan from the CABEI, Banistmo, Bancolombia and other banks.

Those involved in the syndicated loan are Banistmo, Bancolombia, the Central American Economic Integration Banco General and Global Bank, reports Capital.com.pa.

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Notabilis Energy

Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Central America.
Phone: (00541) 60091200

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