Published: November 06, 2009
Praxair Distribution Announces Price Actions Effective December 1, 2009
DANBURY, Conn. - (BUSINESS WIRE) - Praxair Distribution, Inc., a subsidiary of Praxair, Inc. (NYSE: PX), is
notifying its industrial, medical and specialty gas cylinder customers
through its direct locations and its majority-owned joint ventures in
the U.S. and Canada of price actions effective December 1, 2009 or as
otherwise permitted by customer contracts.
Increases will be up to:
-
10% for oxygen, nitrogen, argon, carbon dioxide and specialty gases
-
8% for fuel gases
-
10% for cylinder rental/leases and facility fees
-
4% for equipment and consumables
In some circumstances, price adjustments may be higher or lower than
these percentages, depending on product and supply conditions.
These actions will enable Praxair to provide packaged gas customers with
consistent, reliable supply under current reduced plant and distribution
efficiencies and position Praxair to meet future demand as the economy
recovers.
Praxair, Inc. is the largest industrial gases company in North and South
America and one of the largest worldwide, with 2008 sales of $10.8
billion. The company produces, sells and distributes atmospheric,
process and specialty gases, and high-performance surface coatings.
Praxair products, services and technologies bring productivity and
environmental benefits to a wide variety of industries, including
aerospace, chemicals, food and beverage, electronics, energy,
healthcare, manufacturing, metals and others. More information on
Praxair is available on the Internet at www.praxair.com.
Praxair
Media:
Maureen Fama, 203-837-2025
maureen_fama@praxair.com
or
Investors:
Elizabeth
Hirsch, 203-837-2354
liz_hirsch@praxair.com
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