Praxair Announces Price Increases Effective January 1, 2015

Loading...
Loading...
Praxair, Inc.
PX
is notifying packaged industrial, specialty and medical gas and bulk gas customers in the United States, Canada, Mexico and Puerto Rico of increases in prices, effective January 1, 2015, or as contracts permit, as follows: Up to 10% for nitrogen, oxygen and carbon dioxide Up to 15% for argon, hydrogen and helium Up to 10% for facility fees or other monthly supply system charges Up to 5% on hardgoods Price adjustments will vary as permitted by individual supply contracts. These adjustments will help address rising product costs from suppliers and increasing operating costs at production and distribution facilities, driven, in part, by higher power, raw material, and wage and benefit costs. Increases in metals prices continue to drive up costs for cylinders, bulk tanks and gas handling equipment.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsPress Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...