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Stock Market & Financial Investment News

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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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May 15, 2015
08:31 EDTPXPraxair announces price increases effective June 1
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May 14, 2015
09:32 EDTPXPraxair signs long-term supply agreement in India
Praxair announced it has signed a long-term contract with Gerdau in India for the supply of gaseous oxygen to the companyís blast furnace in Tadipatri, Andhra Pradesh. Gerdau is the largest long steel producer in the Americas and one of the leading suppliers of special long steel in the world. Praxair will build, own and operate an 80 tons per day non-cryogenic vacuum-pressure-swing-adsorption plant, which is expected to start up in 2016. Gerdauís steel facility has an installed capacity to produce 300,000 tons of special steel per year, primarily for automotive, defense, railways and related industries.
May 12, 2015
16:07 EDTPXPraxair files automatic mixed securities shelf
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09:30 EDTPXPraxair signs long-term contract with water recycling plant in China
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