Praxair has been chosen for the newly introduced New York Stock Exhange (NYSE) Century Index which recognises select companies that have demonstrated consistent success and contributed to real economic and social progress for more than 100 years.
The index is comprised of proven, long-established companies that are committed to continuous innovation to remain competitive through challenging market conditions, as well as rapid social, economic and technological changes.
Companies are chosen using a set of criteria that assess company size and financial performance over a 10-year period, looking specifically at traits that have enabled companies to thrive over the past decade.
“Praxair is honored to be included in this distinguished index as a well established and successful company,” said Jim Sawyer, executive vice president and chief financial officer.
“It is a tribute to our long standing commitment to innovation and productivity that continues to drive growth and strong results through prosperous as well as challenging market conditions,”
added Jim Sawyer.
Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2011 sales of $11bn.
The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings.
Praxair products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others.
More information on Praxair is available on the internet at www.praxair.com.