Danbury, CT – Praxair, Inc. is notifying bulk and packaged industrial, specialty and medical gas customers in the United States, Canada, Mexico and Puerto Rico of increases in prices, effective January 1, 2014, or as contracts permit, as follows:
- Up to 12% for nitrogen, oxygen and carbon dioxide
- Up to 15% for argon and hydrogen
- Up to 20% for helium
- Up to 15% for facility fees or monthly bulk product charges and cylinder rental rates
- Up to 5% on hardgoods
Additionally, Praxair is notifying customers worldwide of increases in prices of electronic gases of up to 20%, effective January 1, 2014.
Price adjustments will vary as permitted by individual supply contracts.
These adjustments support continuing infrastructure investments and help offset the rising costs of production, maintenance and quality assurance systems that cannot be fully recovered with productivity initiatives. In addition, supply/demand imbalances persist for some products in certain regions, along with continuing feedstock, raw material and energy cost increases.