By Stuart Radnedge2014-12-17T09:39:00+00:00
Praxair is notifying packaged industrial, specialty and medical gas and bulk gas customers in the United States, Canada, Mexico and Puerto Rico of increases in prices, effective from 1st January, 2015 – or as contracts permit.
The increase are as follows:
Price adjustments will vary as permitted by individual supply contracts.
These adjustments will help address rising product costs from suppliers and increasing operating costs at production and distribution facilities, driven, in part, by higher power, raw material, and wage and benefit costs.
Increases in metals prices continue to drive up costs for cylinders, bulk tanks and gas handling equipment.
Praxair announced it has signed a long-term contract to provide hydrogen to Repsol, one of the world’s largest producers of petrochemicals. The new steam methane reformer (SMR) will be constructed at Repsol’s La Pampilla Refinery, in the Callao district, near Lima, and is expected to start up in 2016.
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