Press Release Details

HARRISBURG, Pa., Jan. 17 /PRNewswire/ -- Diversified worldwide industrial services and products company Harsco Corporation (NYSE: HSC) announced today that its Taylor-Wharton cryogenic equipment unit, part of the Harsco Gas and Fluid Control Group, has entered into a three-year global agreement with Praxair, Inc. (NYSE: PX), designating Taylor-Wharton as the preferred supplier to provide Praxair's facilities in North America, Europe, and China with cryogenic gas storage containers. The agreement designates Taylor-Wharton for a range of standard bulk and vacuum-jacketed cryogenic storage units, as well as electronic-grade containers produced in Taylor-Wharton's ultra high purity Class 1000 Clean Room, the only facility of its kind in the industry. Cryogenic containers store liquefied gases at temperatures as low as -268 degrees C (-450 degrees F) for industrial, semiconductor, medical and other uses. The agreement also calls for Taylor-Wharton to supply Praxair's European locations with standard ambient vaporizers that convert liquefied product to its gaseous state.

Ronald W. Kaplan, President of Harsco's Gas and Fluid Control Group said, "This agreement further validates our strategic global initiatives and commitment to be the most comprehensive equipment supplier to the worldwide industrial gas market. Our relationship with World Class companies such as Praxair is anchored by Taylor-Wharton's unparalleled quality and product portfolio, and our network of multinational production locations."

Mike Kainski, Procurement Specialist for Praxair said, "With Praxair's worldwide industrial gas facilities, we have global requirements that must be met on a local basis, and we must manage our capital equipment costs." He added, "By helping us achieve our corporate procurement objectives with global manufacturing and a history of quality products and customer service, Taylor- Wharton earned this award."

Praxair is the largest industrial gases company in North and South America, and the largest carbon dioxide and helium supplier in the world. Praxair's development of patented gas applications has been instrumental to the growth of many of the world's industries, from steel to food and beverage, electronics, and medicine.

Harsco's Gas and Fluid Control Group manufactures the broadest range of gas and fluid control equipment in the world, including Taylor-Wharton cryogenic containers, high pressure cylinders, and acetylene cylinders; American Welding & Tank propane tanks; Structural Composites Industries (SCI) composite pressure vessels and structures; Sherwood valves for industrial, commercial, and recreational use, including Superior Refrigeration Products; Air-X-Changers air-cooled heat exchangers and Capitol Manufacturing fluid fittings. Operating from 30 facilities in eight countries on four continents, the Gas and Fluid Control Group markets its products in more than 80 countries worldwide.

Harsco Corporation is a $2 billion worldwide industrial services and products company serving industries that are fundamental to long-term economic growth, including infrastructure development, steel, gas and energy. The company employs more than 20,000 people in 38 countries. Additional information about Harsco can be found at www.harsco.com. SOURCE Harsco Corporation

CONTACT: Media: Kenneth Julian, 717-730-3683, or kjulian@harsco.com, or Analysts: Eugene Truett, 717-975-5677, or etruett@harsco.com, both of Harsco/