IHS Chemical Week

Markets :: Industrial Gases

Praxair Announces Price Increases for Gases and Facility Fees

1:00 PM MDT | May 17, 2012 | Lindsay Frost

Praxair has announced price increases effective June 1 for bulk and packaged industrial, electronics, specialty, and medical gas customers in the U.S., Canada, and Puerto Rico. Nitrogen and oxygen prices will increase 12%, Praxair says. Argon and hydrogen prices will increase by 18%. Praxair says that facility fees, monthly bulk product charges, cylinder rental rates, and hardgoods will rise 15%. The adjustments may vary depending on individual supply contracts, and helium supply contracts, as well as CO2 are being addressed individually due to supply...

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