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Praxair to Raise Nitrogen and Oxygen Prices by 12%

7:46 AM MDT | May 21, 2012

Praxair says it will increase nitrogen and oxygen prices by 12% for customers in the U.S., Canada, and Puerto Rico, effective June 1. Argon and hydrogen prices will increase by 18%, Praxair says. Facility fees, monthly bulk product charges, cylinder rental rates, and hard goods pricing will rise 15%. The increases are necessary for mitigating supply and demand imbalances for certain products, offsetting production costs, and ongoing investment in production and distribution equipment, Praxair...

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