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Stock Market & Financial Investment News

News Breaks
April 30, 2014
09:01 EDTPXPraxair announces price increases for argon, effective May 15
Praxair is notifying bulk and packaged industrial, and specialty customers in the United States and Puerto Rico of price increases, effective May 15, 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.
News For PX From The Last 14 Days
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October 16, 2014
15:30 EDTPXPraxair announces price increases, effective November 1
Praxair is notifying bulk industrial gas customers in the United States of price increases of up to 10% for nitrogen, oxygen, argon, hydrogen and carbon dioxide effective November 1, or as contracts permit. These adjustments will address higher production and distribution costs. Praxair is also reducing or eliminating discounts on premium cost products. Price adjustments will vary as permitted by individual supply contracts

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