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January 23, 2014
09:02 EDTPXPraxair signs long-term contract with Taewoong Steel
Praxair signed a long-term contract with Taewoong Steel to supply high-purity oxygen to the company’s steel mill facility in Busan, Korea. Praxair will construct a new 180 tons per day air separation plant and pipeline in the Mieum Foreign Industrial Zone in Busan that will serve Taewoong, as well as new and other existing customers. The plant is expected to start up in 2016. The new plant will help Taewoong meet customer demand for forged metal products in the wind turbine, shipbuilding, chemical and power plant sectors.
News For PX From The Last 14 Days
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October 1, 2015
08:13 EDTPXPraxair valuation attractive, says SunTrust
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September 29, 2015
09:31 EDTPXPraxair signs long-term agreement with Castleton Commodities
Praxair announced that it has signed a long-term agreement with Castleton Commodities International for the refining and purchase of helium. CCI owns and operates a gas processing facility and helium refinery in Utah. Praxair has been actively developing helium-rich natural gas fields in the region, including helium associated with a recently announced purchase agreement with Nacogdoches Oil & Gas. With Praxair's additional feedstock, CCI will restart its idled refinery, which can produce up to 150 million cubic feet per year of liquid helium.
September 24, 2015
09:30 EDTPXPraxair acquiers Tecnogas, terms not disclosed
Praxair announced that it has acquired Tecnogas, a local producer and distributor of carbon dioxide and industrial gases in Peru. Financial terms of the transaction were not disclosed. With annual revenue of approximately $10M, Tecnogas serves almost four hundred customers across a variety of end markets including food and beverage, healthcare and metal fabrication. Additionally, Tecnogas owns and operates three carbon dioxide production plants that Praxair will use to serve the growing demand for the gas in the country.
08:13 EDTPXPraxair volatility flat as shares near three-year low
Praxair October and November call option implied volatility is at 23; compared to its 52-week range of 14 to 34, suggesting non-directional price movement.
September 23, 2015
15:44 EDTPX52-week low stocks with active options: WYNN SNCR PX MON MOS DECK
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08:10 EDTPXMallinckrodt says USPTO grants requests for trial by Praxair
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