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
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 company has opened the first liquefied petroleum gas (LPG) plant, out of the twenty that it plans to open in the country.
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.
Starting August 2009, Praxair Costa Rica, local subsidiary of Praxair Inc corporation, will export liquefied gases to Nicaragua and Panama.
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.
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