Praxair announced price increases for its industrial and medical specialty gas customers in the U.S. and for helium customers worldwide.
The increases will be effective immediately or as otherwise permitted by customer contracts.
James Fuchs, president of Praxair’s North American Industrial Gases group, said: We are working hard to hold costs in line. However, we cannot absorb the increases in energy, transportation, raw materials and regulatory compliance costs.
“These price adjustments are made necessary by sustained record-high energy and transportation costs, which in some cases have been exacerbated by the effects of hurricanes on the Gulf Coast.”
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