Praxair announces price increase
Praxair Inc. and Praxair Canada Inc.announced price increase of up to 10% for bulk and packaged industrial and medical gas customers in the United States and Canada.
The increases, which will go into effect Sept. 1, include a 10% boost for nitrogen, oxygen, argon, hydrogen, and carbon dioxide; 5% for helium; 10% for facility fees or monthly basic charges and cylinder rental rates.
Price adjustments may be higher or lower than these ranges in accordance with contract provisions.
Praxair said the adjustments are necessary to support continued reinvestment in equipment, facilities and sources to maintain reliable supply, and to offset an accumulation of costs.
INDUSTRIAL SUPPLY MAGAZINE
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