Praxair, Inc. and its subsidiaries have notified customers to price changes which will be effective from 1st January 2012, or as contracts allow.
Praxair, Inc., and its divisions and subsidiaries (Praxair Distribution, Praxair Healthcare Services, Praxair Electronics, Praxair Canada Inc., and Praxair Puerto Rico N.V.) are notifying bulk and packaged industrial, electronics, specialty, and medical gas customers in the United States, Canada, and Puerto Rico of increases in prices effective 1st January 2012, or as contracts permit, as follows:
- Up to 15% for nitrogen, oxygen, argon, hydrogen, carbon dioxide, and helium;
- Up to 15% for facility fees or monthly bulk product charges and cylinder rental rates;
- Up to 10% on equipment and consumables.
In a recent press statement the company confirmed that price adjustments may be higher or lower than these ranges in accordance with individual contract provisions.
According to North American company, Praxair, these adjustments are being implemented in response to the continued escalation of manufacturing, distribution, and raw material sourcing costs and expenses and persistent supply/demand imbalances for certain products in the United States and Canada.
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