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Praxair Adjusts Prices - 5/16/2012
raxair, Inc. and its divisions and subsidiaries (Praxair Distribution, Praxair Healthcare Services, Praxair Canada Inc., and Praxair Puerto Rico N.V.) are notifying bulk and packaged industrial, electronics, specialty, and medical gases customers in the United States, Canada, and Puerto Rico of increases in prices effective June 1, 2012, or as contracts permit, as follows:
• Up to 12% for nitrogen and oxygen; • Up to 18% for argon, and hydrogen; • Up to 15% for facility fees or monthly bulk product charges and cylinder rental rates; • Up to 15% on hardgoods.
Price adjustments may vary from these ranges where permitted by individual supply contracts. Due to the ongoing global helium supply/demand imbalance, helium supply contracts are being addressed on an individual basis. Carbon Dioxide prices will also be adjusted as individual contracts permit. These adjustments are necessary for ongoing investment in production and distribution equipment to support the continuing growth of our customers and to mitigate supply/demand imbalances for certain products in the United States and Canada as well as offsetting increasing production costs.
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