PRAXAIR Inc. have notified customers of price changes effective from the 1st of January 2012, or as contracts allow. This price increase is effective for the US, Canada, and Puerto Rico. The increases are as follows:
Up to 15% for nitrogen, oxygen, argon, carbon dioxide, and helium.
Up to 15% for facility fees or monthly bulk product charges and cylinder rentals.
Up to 10% on equipment and consumables.
In a recent press statement the company confirmed that price adjustments may be higher or lower than these ranges in accordance with individual contract provisions.
These adjustments are being implemented in response to the continued escalation of manufacturing, distribution, and raw material sourcing costs and expenses and persistent supply/ demand imbalances for certain products in the US and Canada.