PRESS RELEASE: KP Engineering Awarded Syngas EPC Contract; Continues A Rich History In The EPC Delivery Of Syngas/Hydrogen Process Plants

Tyler, Texas–October 10, 2016– KP Engineering (“KPE”), an industry leader in engineering, procurement and construction (EPC) solutions, has been awarded a fixed-price EPC contract by Praxair, Inc. (NYSE: PX) to expand carbon monoxide production at its Geismar, Louisiana plant.

The award from Praxair is among several major projects KPE has secured within the last 12 months, including the recently awarded fixed-price contract from Targa Terminals LLC, valued in excess of $100 million.

“We appreciate Praxair’s confidence in our ability to deliver world-class results for this important expansion in Geismar,” said William Preston, President and Chief Operating Officer of KP Engineering. “KPE’s expertise integrates well with Praxair’s vision and forms an important part of our business, complementing our positions in the refining, midstream, and petrochemical sectors.”

The overall scope of the KPE project includes engineering, procurement, and construction. The project is expected to be completed in 2018.

About KPE

KP Engineering, LP is a leading, process-driven EPC solutions provider to the energy industry. Headquartered in Tyler, Texas, KPE brings a wealth of experience to the refining, oil production, petrochemical and gas processing industries. KPE combines technical expertise and deep experience with an integrated engineering and project management approach to deliver cost-effective projects to markets such as domestic refiners, natural gas processors, chemical manufacturers, and terminal and pipeline owner-operators. KPE provides a full range of EPC services and specializes in fixed-price contracting. For more information about KPE, visit www.kpe.com.