Since April 26th, the joint venture or wholly-owned company of Praxair (China) Investment Co., Ltd. has raised the prices of liquid oxygen, liquid nitrogen, liquid argon and carbon dioxide in North China, East China and South China markets in an all-round manner, with a price increase of 10%. .
Praxair said that the main reason for the price increase was the rising cost of electricity, gasoline, diesel, and raw materials related to the production and transportation of non-pipelined oxygen, nitrogen, argon, and carbon dioxide. At the same time, it is guaranteed to continue to provide customers in China. Safe and reliable gas products and services, and the company has sufficient profit growth to ensure a reasonable return on investment.
In addition, according to changes in the market, Praxair will continue to make appropriate adjustments to the terms of the contract to ensure that the company can recover the relevant costs.
Praxair's Praxair (China) Investment Co., Ltd. is a leading industrial gas supplier in China. It is headquartered in Shanghai and has 10 wholly-owned companies and 10 joint ventures in China.
Praxair said that the main reason for the price increase was the rising cost of electricity, gasoline, diesel, and raw materials related to the production and transportation of non-pipelined oxygen, nitrogen, argon, and carbon dioxide. At the same time, it is guaranteed to continue to provide customers in China. Safe and reliable gas products and services, and the company has sufficient profit growth to ensure a reasonable return on investment.
In addition, according to changes in the market, Praxair will continue to make appropriate adjustments to the terms of the contract to ensure that the company can recover the relevant costs.
Praxair's Praxair (China) Investment Co., Ltd. is a leading industrial gas supplier in China. It is headquartered in Shanghai and has 10 wholly-owned companies and 10 joint ventures in China.
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