Loading...
Loading...
Praxair, Inc.
PX is notifying bulk and packaged industrial, and specialty customers in the United States and Puerto Rico of price increases, effective May 15, 2014, or as contracts permit, as follows:
Up to 20% for argon
Up to 15% for argon facility fees or monthly bulk product charges
Price adjustments will vary as permitted by individual supply contracts.
Over the past few years, argon demand has exceeded capacity requiring investments in production capacity upgrades and additional distribution resources. The combination of these and other investments to enhance reliability of supply have increased argon costs significantly.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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!
Already a member?Sign in