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

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Praxair Latest News

Mallinckrodt: Appeals Court Rules Inomax Patent Invalid

A Federal Circuit Court ruled the majority of a patent for MNK's Inomax was invalid. It could pave the way for Praxair's generic Inomax. Inomax represents over 20% of MNK's revenue. Acthar and Inomax are over 65% of MNK's total revenue. Generic Inomax ...
Posted: May 17, 2018, 9:11 am

Praxair named one of America's best employers by Forbes

Praxair, Inc. has been named one of the 500 best US companies to work for by Forbes in 2018. The company has been recognised as an employer of choice since the list was first published in 2015. “We are proud to again be recognised as one of the best ...
Posted: May 15, 2018, 6:52 am

Monarch Partners Asset Management Lowered Gtt Communications (GTT) Holding; Praxair (PX) Sentiment Is 1.06

Praxair Inc (PX) investors sentiment decreased to 1.06 in Q4 2017. It’s down -0.02, from 1.08 in 2017Q3. The ratio dived, as 358 funds increased or opened new holdings, while 337 reduced and sold their stock positions in Praxair Inc. The funds in our ...
Posted: May 20, 2018, 6:31 am
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