Praxair Net Worth is5.8 12-Month Sales Growth (%)
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Company Name: Praxair, Inc.
Company Logo: Image:Praxair Logo.png
Company Type: Public company (PX), S&P 500
Foundation: 1907
Location: Danbury, Connecticut
Key People: Steve Angel - Chairman, President and CEO
Industry: Chemicals (industrial gases)
Revenue: US$ 11 billion (2011)
Num Employees: 26,000 (2012)
Praxair, Inc. (NYSE: PX) is the largest industrial gases company in North and South America and one of the largest worldwide. The company supplies atmospheric, process and specialty gases as well as high-performance coatings and related services to a wide diversity of customers around the world. Praxair has operations in over 30 countries and approximately 3,000 patents.
Praxair serves a wide range of industries including metals, health care, food & beverage, energy, aerospace, chemicals, electronics, manufacturing, and others.
Headquartered in Danbury, Connecticut, the company was originally founded in 1907 when it was the first company in North America to commercialize cryogenically separated oxygen.[citation needed]
The company introduced the first distribution system for liquid gas in 1917, and developed on-site gas supply by the end of World War II. In the 1960s, Praxair introduced non-cryogenic means of air separation, and since then has continued to introduce innovative applications technologies for various industries.
The company is present in different locations in the world. Excluding Australia, it is present in almost every continent. In South America it is known as White Martins. In China and India it is among the largest industrial gases manufacturer present. Praxair is also well established in Europe.
Praxair adopted its name from the Greek word "praxis", or practical application, and "air", its primary raw material.[citation needed]
In 2009, Praxair received two awards from the Compressed Gas Association (CGA) for its outstanding environmental performance. In the pollution prevention category, Praxair received an Environmental Recognition Award for its a??Go Greena?? program. Praxair also received an award in the environmental leadership category for the successful measures it implemented in support of Mexicoa??s Environmental Leadership Program.[citation needed]
Praxair's primary products are:
The company also designs, enginee

Praxair Latest News

St. James Investment Company LLC Lowers Position in Praxair Inc. (PX)

St. James Investment Company LLC lowered its stake in shares of Praxair Inc. (NYSE:PX) by 4.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 404,757 shares of the company’s stock after selling 17,512 ...
Posted: October 21, 2016, 10:46 am

Turbulent Week Ends, How Did This Stock Fare: Praxair Inc. (NYSE:PX)

Praxair Inc. (NYSE:PX) closed at $119.88 after seeing 683558 shares trade hands during the most recent session. This represents a change of 0.82% from the opening. The closing price represents the final price that a stock is traded for on a trading day.
Posted: October 21, 2016, 5:43 pm

Praxair Surface Technologies and GE Aviation Launch Joint Venture Company PG Technologies

DANBURY, Conn.--(BUSINESS WIRE)--Praxair Surface Technologies, Inc., a wholly owned subsidiary of Praxair, Inc. (NYSE: PX), and GE Aviation today announced the formal creation of PG Technologies, LLC, a joint venture. Praxair Surface Technologies and its ...
Posted: October 17, 2016, 11:19 am
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