PRAXAIR INC
SymbolPX

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Praxair Distribution Announces Price Actions Effective December 1, 2009

2009-11-06 15:26 ET - News Release


Company Website: http:// www.praxair.com
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.

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