BNET Industries
Market Cap:$25.0B
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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connecticut and praxair inc. - All News and Analysis
Brazilian Subsidiary of Praxair Suspends Trading in its Stock
DANBURY, Conn.--BUSINESS WIRE--Dec. 13, 1999-- S.A. White Martins, the Brazil-based, majority-owned subsidiary of Praxair, Inc. (NYSE:PX), has requested that the Rio de Janeiro and Sao Paolo stock exchanges suspend trading in its stock, pending a possible announcement by Praxair. This action has no effect on the trading of...
Praxair Appoints Westendorf President of European Operations
DANBURY, Conn.--BUSINESS WIRE--Nov. 15, 1999-- Praxair, Inc. (NYSE: PX) today announced the appointment of Alan J. Westendorf as president of the company's European operations. He succeeds Gabriel Toledo who is retiring in the first quarter of 2000. Praxair's operations in Europe represent more than 10 percent of the...
Praxair Declares Dividend
DANBURY, Conn.--BUSINESS WIRE--July 27, 1999-- The board of directors of Praxair, Inc. (NYSE:PX) today declared a quarterly dividend of 14 cents per share, payable on September 15, 1999 to shareholders of record on September 7, 1999. Praxair is the largest industrial gases company in North and South America,...
Praxair Makes No Comment On Merger Speculation
DANBURY, Conn.--BUSINESS WIRE--May 11, 1999-- Praxair, Inc. (NYSE: PX) has seen the reports in today's Financial Times and other media outlets about a possible merger with BOC Group. Consistent with its longstanding policy, Praxair declines to comment on matters of rumor and speculation. Praxair is the largest industrial...
Correction to Praxair Patent Announcement, BW1129
DANBURY, Conn.--BUSINESS WIRE--May 7, 1999-- Praxair, Inc. (NYSE:PX) is issuing a correction to its announcement earlier today regarding U.S. Patent No. 5,883,281. Praxair has received U.S. Patent No. 5,883,281 that covers a process for increasing the yield of acrylonitrile by adding oxygen to reduce inerts in an ammoxidation...
Praxair Declares Dividend
DANBURY, Conn.--BUSINESS WIRE--April 27, 1999-- The board of directors of Praxair, Inc. (NYSE:PX) today declared a quarterly dividend of 14 cents per share, payable on June 15, 1999 to shareholders of record on June 7, 1999. Praxair is the largest industrial gases company in North and South America,...
Praxair Declares Dividend
DANBURY, Conn.--BUSINESS WIRE--Oct. 27, 1998--The board of directors of Praxair, Inc. (NYSE: PX) today declared a quarterly dividend of 12 1/2 cents per share, payable on December 15, 1998 to shareholders of record on December 7, 1998. Praxair is the largest industrial gases company in North and South America,...
Hotard to Retire From Praxair
DANBURY, Conn.--BUSINESS WIRE--Sept. 22, 1998--Praxair, Inc. (NYSE:PX) today announced that Edgar G. Hotard, president and chief operating officer, will retire from the company, effective December 31, 1998. Hotard, who joined the company in 1965, has held a series of engineering assignments and management positions in the U.S and...
Praxair Announces Surcharge
DANBURY, Conn.--BUSINESS WIRE--July 6, 1998--Praxair, Inc., (NYSE: PX) today announced it will impose a 90-day surcharge of 5-10 percent on merchant argon, carbon dioxide, hydrogen, nitrogen and oxygen effective today to offset higher power and distribution costs across the country.Customers are being notified today of the action. The specific surcharges...
Praxair to sell five air separation plants to AGA AB
DANBURY, Conn.--BUSINESS WIRE--July 24, 1996--Praxair, Inc. (NYSE: PX) and AGA AB, Stockholm, Sweden, today announced that AGA has agreed to purchase, for about US$200 million, five air separation plants -- four in the United States and one in Spain -- that were included in Praxair's acquisition of CBI Industries, Inc....
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