Praxair Announces Price Increase for Certain Cylinder Gases.DANBURY, Conn. -- Praxair, Inc. (NYSE NYSE See: New York Stock Exchange : PX) today announced it has notified its customers in the U.S. and Canada of price increases for certain pure gases and mixtures. The gases affected include ammonia, arsine arsine /ar·sine/ (ahr´sen) any member of a group of volatile arsenical bases; the typical is AsH3, a carcinogenic and very poisonous gas; some of its compounds have been used in warfare. , boron trifluoride, chlorine, ethylene oxide, cyanides, diborane Diborane is the chemical compound with the formula B2H6. It is a colorless gas at room temperature with a repulsively sweet odor. B2H6 mixes well with air, easily forming explosive mixtures. , fluorine, hydrogen bromide, hydrogen chloride, hydrogen fluoride, hydrogen sulfide, phosphine phosphine 1. PH3, a toxic war gas called hydrogen phosphide. 2. a coal tar dye; called Philadelphia yellow. and sulfur dioxide. Praxair has completed a three-year program, including extensive security assessments throughout the corporation and implementation of security upgrades where necessary at Praxair's manufacturing facilities. These reviews and upgrades were all in conformance with the additional security initiatives developed by industry associations such as the American Chemistry Council The American Chemistry Council (ACC), formerly known as the Chemical Manufacturers' Association, is an industry trade association for American chemical companies. The American Chemistry Council (ACC) is in charge of improving the public image of the chemical industry. and the Compressed Gases Association. The price increases are necessary to help offset the increased costs associated with the secure handling, storage and distribution of these products. A minimum price increase of $50 (CAD$62) per cylinder will be imposed on these gases. In addition, Praxair will eliminate discounts offered for these products. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2004 sales of $6.6 billion. The company produces, sells and distributes atmospheric and process gases, and high-performance surface coatings. Praxair products, services and technology bring productivity and environmental benefits to a wide variety of industries, including aerospace, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , healthcare, semiconductor materials, steel, chemicals and refining, metal fabrication, water treatment, glass and others. For more information, visit Praxair on the Internet at www.praxair.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion