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PRAXAIR TO INCREASE U.S. MERCHANT HYDROGEN AND HELIUM PRICING

 PRAXAIR TO INCREASE U.S. MERCHANT HYDROGEN AND HELIUM PRICING
 DANBURY, Conn., Aug. 3 /PRNewswire/ -- Praxair, Inc. announced today that it is reducing discounts for U.S. merchant liquid and gaseous hydrogen and helium, effective Aug. 1. As a result of the price adjustments, average increases will range between eight and 10 percent, depending upon existing contract terms. Customers will be notified immediately, with new prices taking effect as allowed by contract terms.
 The company said that, despite stringent cost control measures, these price adjustments are required to offset higher supply and capital costs associated with increasing demand for hydrogen and helium.
 Praxair, Inc. is the largest industrial gases company in North and South America and one of the largest in the world, with 1991 consolidated sales of $2.5 billion.
 -0- 8/3/92
 /CONTACT: W.E. Hoerger of Praxair, 203-794-6986/ CO: Praxair, Inc. ST: Connecticut IN: SU:


SM-KW -- NY035 -- 6065 08/03/92 10:50 EDT
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Publication:PR Newswire
Date:Aug 3, 1992
Words:158
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