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New
Release -- Superconductor Week does not edit or endorse the following
news release:
Praxair Announces Price Increases for Gases
and Facility Fees
Danbury, CT, September 8:
Praxair, Inc. (NYSE:
PX) is notifying industrial, medical and specialty gas customers in the U.S.
of the following price and facility fee increases, effective immediately, except
as otherwise permitted by the terms and conditions of customer contracts:
-- 10-15% for nitrogen, oxygen, helium, hydrogen,
carbon dioxide and argon
-- 10-20% for facility fees
-- 7-15% for nitrogen pumping services
-- 7% for cylinder and specialty gases
-- 10% for cylinder rental rates
-- 4% for hardgoods and equipment
Praxair is also advising customers in the U.S. of
continued or additional regional charges and surcharges for recovery of specific
premium costs. These actions are being implemented in response to high capacity
utilization as well as continued energy, logistics and other operational cost
pressures for all products. In addition, Praxair will continue to modify
contract terms as appropriate to further ensure its ability to recover costs as
market conditions may require.
Praxair is the largest industrial gases company in North and South America, and
one of the largest worldwide, with 2005 sales of $7.7 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.
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