Business News

Praxair Distribution Announces Price Increases Effective September 1, 2008

2008-08-05 14:33:00

Praxair Distribution Announces Price Increases Effective September 1, 2008

DANBURY, Conn.–(EMWNews)–Praxair Distribution, Inc., a subsidiary of Praxair, Inc. (NYSE: PX), is

notifying its industrial, medical and specialty gas cylinder customers

in the U.S. and Canada of price increases effective September 1, 2008 or

as otherwise permitted by customer contracts.

Increases will be up to:

  • 30% for helium, hydrogen, fuel gases and rare gases

  • 15% for oxygen, nitrogen, argon, carbon dioxide/dry ice and specialty

    gases

  • 15% for cylinder rental and facility fees

  • 5% for equipment and consumables

In some circumstances, price adjustments may be higher or lower than

these percentages.

These actions are being implemented in response to rapidly escalating

energy, fuel and other operational costs, current supply/demand

imbalances and increases in the cost of capital goods required to

support product supply to customers.

Praxair is the largest industrial gases company in North and South

America, and one of the largest worldwide, with 2007 sales of $9.4

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 Distribution, Inc.
Gary Gillum, Media, 203-837-2702
[email protected]
or
Elizabeth

Hirsch, Investors, 203-837-2354
[email protected]

free cash grants, free grant money, free money, cash grants, scholarships, business grants, foundation grants, government grants, debt grants, consolidation, college tuition, financial aid, medical grants, personal grants, medical bills, unsecured loans, no interest loans, financing, loans, capital, non profit organizations

Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89

Get Unlimited Organic Website Traffic to your Website 
TheNFG.com now offers Organic Lead Generation & Traffic Solutions





























Blake Masterson

Freelance Writer, Journalist and Father of 5

Related Articles

Back to top button