BNET Industries
Market Cap:$25.4B
Last Fiscal Year Sales:$10.7B
- Public
- US
Dow Jones Description
Praxair makes the coatings that make the world's industries work. Founded in 1907 and headquartered in Danbury, CT, Praxair Inc (NYSE: PX) manufactures and sells atmospheric, process, and specialty gases and surface coatings. Primarily, it produces oxygen, nitrogen, and argon through several separation processes, and supplies wear- and temperature-resistant metallic and ceramic coatings to customers in healthcare, petroleum, computer chip, carbonation, fiber optic, steel, aerospace, chemicals, and water treatment. The company has revenues of approximately $7.65 billion and employs about 27,300 workers. It operates in North America, South America, Europe, and Asia.
Number of Employees 26,936
Peer Companies
NAICS Code Industrial Gas Manufacturing: 325120
Recent Events
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Praxair to sell gases to Chinese solar cell maker
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Indian Market To Track Global Cues For Direction
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Praxair PX Signs Solar Cell Bulk and Process Gas Supply Agreement with MAGI Solar
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Praxair declares dividend of 40 cents
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Praxair, Inc. - SWOT Analysis
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Secretary Chu's 'Game-Changing' Push to Capture Carbon
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Praxair listed among top for carbon disclosure
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Praxair 2Q Profit Down 14%; Gives Weak 3Q EPS View
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Praxair Surface Technologies Acquires Sermatech Int'l - Update
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Praxair Acquires Sermatech International
News & Analysis
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air liquide s.a. and praxair inc. - All News and Analysis
Praxair Completes Purchase of German Industrial Gas Business
- 2004-12-03
DANBURY, Conn. -- Praxair, Inc. (NYSE:PX) announced today that it has completed the acquisition of certain industrial gas assets and related businesses in Germany from Air Liquide S.A. for 497 million euros or about $650 million. The acquisition agreement was first announced on October 7, 2004 and has since...
Praxair Acquires German Industrial Gas Business from Air Liquide
- 2004-10-07
DANBURY, Conn. -- An investor teleconference will be held at 5:00 p.m. New York time on October 7, 2004 - see details below Praxair, Inc. (NYSE:PX) has reached agreement with Air Liquide to purchase industrial gases assets and related businesses in Germany for 497 million Euros, or about $600...
Major market segments for industrial gases flat. (Inorganics/Financial).(Brief Article)(Statistical Data Included)
- 2002-03-25
THE LACK OF demand for industrial gases' major market segments prevalent during 2001 has continued into the first quarter of this year. Major markets, such as steel, chemicals and electronics have continued to decline or are flat, the result of the economic downturn. However, some smaller...
The Industrial Gas Majors Position for Growth.(Brief Article)
- 2001-09-24
Led by recent management changes and a better first half than most other chemical sectors, the industrial gas majors hone their strategies. Despite a global decline in industrial production, the industrial gas sector so far this year is operating profitably due to price...
Suez Approach of Air Liquide Ignites US Industrial Gas Sector.
- 2001-03-12
Potential synergies between utilities and gases highlighted. WITH REGULATORY authorities blocking the planned $11.2 billion takeover of BOC Gases by Air Liquide and Air Products & Chemicals in May 2000, hopes for meaningful additional consolidation in the global industrial gas sector evaporated...
Industrial Gases Perform Strongly Despite Surging Feedstock Costs.(Statistical Data Included)
- 2000-05-01
SOARING FUEL COSTS and impending seasonal hikes in power rates have prompted industrial gas manufacturers to nominate price increases and implement surcharges on a range of products. Yet although production costs are on the rise, demand is strong and producers posted impressive earnings during the past...
Steel Manufacturing Remains a Target For Major Industrial Gas Producers.
- 1999-11-15
As THE MILLENNIUM approaches, the metals industry, especially steel, remains a rewarding end market for industrial gas companies. New gas technologies are providing steel manufacturers with environmental and cost savings benefits as well as increased productivity. The metals segment accounts for a...
Industrial Gases Industry Becomes Stronger in the Wake of the BOG Deal.
- 1999-08-09
CONSOLIDATION HAS NARROWED the top tier of the industrial gases market, but most industry analysts are confident that the three largest producers--Air Liquide SA, Air Products and Chemicals Inc. and Praxair Inc.--will be stronger. However, Air Products' recent earnings disappointment has critics wondering if it focused...
Prices stay stable despite margin pressure.
- 1999-07-15
The strong U.S. economy, coupled with the wide diversity of applications for industrial gases, has kept the market stable. Gas industry analysts see supply and demand in prices are low, and will likely remain that way through the end of the year, despite cost and ...
Industrial Gas Makers Up Prices As Electrical Power Costs Rise.
- 1999-06-14
IN WHAT IS BECOMING a seasonal occurrence, industrial gas producers are raising the prices of many of their products. Several producers cite higher power costs as one of the main culprits for the increase. Other factors include growing demand and an effort to comply with Food and...
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