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Last $122.00 USD
Change Today +1.55 / 1.29%
Volume 1.6M
As of 8:04 PM 04/20/15 All times are local (Market data is delayed by at least 15 minutes).

praxair inc (PX) Snapshot

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06/9/14 - $134.84
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10/15/14 - $117.32
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praxair inc (PX) Details

Praxair, Inc. produces, sells, and distributes atmospheric, process, and specialty gases, as well as surface coatings in North America, Europe, South America, and Asia. The company offers atmospheric gases, such as oxygen, nitrogen, argon, and rare gases; and process gases comprising carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also designs, engineers, and builds equipment that produces industrial gases; and manufactures precious metal and ceramic sputtering targets used primarily in the production of semiconductors. In addition, the company supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders to the aircraft, energy, printing, primary metals, petrochemical, textile, and other industries. Further, it provides electric arc, plasma, and high-velocity oxy-fuel equipment; and distributes hardgoods and welding equipment purchased from independent manufacturers. The company sells its products primarily through independent distributors. It serves various industries, such as healthcare, petroleum refining, computer-chip manufacturing, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment. The company was founded in 1907 and is headquartered in Danbury, Connecticut.

27,780 Employees
Last Reported Date: 02/27/15
Founded in 1907

praxair inc (PX) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.3M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $500.0K
Executive Vice President and President of Nor...
Total Annual Compensation: $552.5K
Executive Vice President
Total Annual Compensation: $575.0K
Compensation as of Fiscal Year 2014.

praxair inc (PX) Key Developments

Praxair Inc. Announces Extension of its Pipeline to Supply Oxygen to Kumbi Corporation

Praxair Inc. announced it has completed an extension of its pipeline to supply oxygen to Kumbi Corporation. The six-mile extension supplies 100 tons per day of gaseous oxygen from Praxair’s Tangjung plant to Kumbi’s two glass-melting furnaces located in Asan, in the central region of the country. Additionally, Praxair’s pipeline extension will enable the company to meet the growing industrial gases demand from businesses across South Korea. Kumbi uses the oxygen for its production of glass bottles for beverage, cosmetic and medical customers throughout the country. Praxair has also installed its advanced Oxy-burner technology at Kumbi’s facility enabling the customer to improve productivity while reducing gas emissions. Using patented technology and energy-efficient processes, Praxair will also serve liquid-product customers in the region. The company currently operates seven plants and 56 miles of pipeline in South Korea that provide industrial gases to customers, including those in the electronics, chemical and refining, and metals segments.

Praxair's Start Up Plant Supplies Gaseous Oxygen to Owens-Illinois

Praxair Inc. announced that it has started up a 180 tonnes per day, non-cryogenic plant for Owens-Illinois (O-I) in Muskogee, Oklahoma. Further, the company said that using its oxy-fuel combustion technology, O-I has converted a conventional air-fuel glass furnace to oxy-fuel and thereby, under a long-term contract, the company will supply gaseous oxygen to O-I. Besides supplying the oxygen, the company has also provided oxy-fuel combustion flow control skids and installed its dilute oxygen combustion Wide Flame Burner technology that minimises furnace emissions and reduces furnace crown deterioration.

Praxair Inc. to Showcase Praxair ColdFront Cryo-Saver Tunnel Freezer, its New Tunnel Freezing System

Praxair Inc. announced that its new tunnel freezing system, the Praxair ColdFront cryo-saver tunnel freezer, will be shown to visitors during Seafood Processing North America in booth 1465. The exposition is being held at the Boston Convention & Exhibition Center from March 15-17, 2015. The Praxair ColdFront cryo-saver tunnel freezer employs field-proven technology to allow processors to lower production costs up to 15% by freezing more economically in the same footprint as a traditional cryogenic tunnel system. Direct cryogenic freezing of seafood delivers rapid cooling resulting in better flavor, texture and moisture retention. The cryo-saver tunnel freezer is also designed to help customers meet USDA sanitation standards for thorough clean-up.


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