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Praxair
Latest News
Linde, Praxair Reach Outline Agreement on Merger
24 May 2017 - U.S-based Praxair Inc. and Germany’s Linde AG have reached an agreement in principle to merge through an all-stock deal, creating the world’s largest industrial gases supplier.
Praxair Didn't at First Succeed, And Now It's Trying Again
30 November 2016 - Industrial gas supplier Praxair is looking to renew merger talks with Linde, its German rival, the company said on Tuesday.
Linde, Praxair Call Off Merger Discussions
12 September 2016 - Industrial gas suppliers Linde AG and Praxair Inc. have ended merger discussions, the companies confirmed on Monday.
This Isn't Hot Air: Praxair, Linde Discussing Possible Merger
16 August 2016 - Industrial gas supplier Praxair Inc. said it is discussing a possible merger with Germany’s Linde AG, the company announced on Tuesday.
EVRAZ NTMK Launches New Air Separation Facilities
24 July 2015 - EVRAZ NTMK commissioned two air separation facilities that will supply nitrogen, oxygen and argon to its blast furnace and converter shops.
Praxair Signs Long-Term Supply Agreement in India
20 May 2015 - Praxair, Inc. (NYSE: PX) today announced it has signed a long-term contract with Gerdau in India for the supply of gaseous oxygen to the company’s blast furnace in Tadipatri, Andhra Pradesh.
Praxair Reports First-Quarter 2015 Results
07 May 2015 - • Sales of $2.8 billion, EPS of $1.43 • EBITDA and operating margins grew to 33.0% and 22.6%, respectively* • Signed two long-term agreements to expand U.S. Gulf Coast and Southern China production networks for petrochemical customers; supply systems to start-up 2017 • $0.4 billion returned to shareholders through dividends and net share repurchases; diluted shares 2% below prior-year quarter • Return on capital 12.6%; return on equity 29.6%* • Full-year 2015 EPS guidance of $5.90 to $6.15, up 4% to 8% year-over-year, ex-FX* and 2Q15 $1.40 to $1.48
Praxair Names New Vice President, General Counsel and Corporate Secretary
14 November 2014 - Praxair Inc. announced that senior vice president, general counsel & corporate secretary, Jim Breedlove, will retire on 27 February 2015, after 10 years of service with Praxair.
Newsweek Names Praxair One of World’s Greenest Companies; Ranks No. 30 in the United States and No. 52 in the World
09 June 2014 - Praxair, Inc. (NYSE: PX), a Fortune 250 company and recognized global leader in sustainable development, announced today that Newsweek has ranked Praxair No. 30 in the U.S. 500 and No. 52 in the Global 500 Newsweek Green Rankings.
Praxair Starts Up Air Separation Plant in Peru, Expanding Supply to Steelmaker
09 April 2014 - Praxair, Inc. announced the start-up of a new 270-ton-per-day air separation plant in Pisco, located in the central region of Peru.
Praxair Starts Up Air Separation Plant for SAIL
19 March 2014 - Praxair, Inc. announced the start-up of the first of two 1,250-metric-tons-per-day air separation units at Steel Authority of India’s (SAIL) Bhilai, India, facility.
Praxair to Supply Industrial Gases to New Steel Mill in Brazil
31 January 2014 - Praxair, Inc. has signed a long-term contract to supply industrial gases to a new steel mill being built near the Port of Pecém, Ceara, Brazil.
Praxair Signs Long-Term Contract with Steelmaker in South Korea
24 January 2014 - Praxair, Inc. has signed a long-term contract with Taewoong Steel Co. to supply high-purity oxygen to the company’s steel mill facility in Busan, Korea.
Praxair CFO to Retire; New CFO Named
01 November 2013 - Praxair, Inc. has announced that executive vice president and chief financial officer, Jim Sawyer, will retire on 31 December 2013 after 28 years of service with Praxair and its predecessor company, Union Carbide.
Praxair India Signs Two Contracts with JSW Steel
11 September 2013 - Praxair India Private Limited, a subsidiary of Praxair, Inc., announced it has signed two long-term contracts with JSW Steel, to operate small on-site nitrogen plants in support of the company’s expansion efforts in the cities of Kalameshwar and Tarapur, located in the state of Maharashtra. The nitrogen will be used in the manufacturing processes for both cold rolled and galvanized steel at these locations.
Praxair Recognizes Employee Zero Waste Efforts With Global Tree Planting Program
11 July 2013 - In recognition of Praxair, Inc. employee efforts to achieve zero waste around the world, the Praxair Foundation is implementing “Praxair’s Greenway Project,” a new sustainability program that will plant or preserve 250,000 trees globally this year.
Praxair Is Building Chinese Base
15 May 2013 - Praxair has started to build a liquid oxygen production base in Chongqing, the largest of its kind in China.
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