Praxair Inc (PX.N) Key Developments |
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Praxair Inc (PX.N)

PX.N on New York Stock Exchange

24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

NEL partners with Praxair for Norwegian hydrogen refulleling station
Tuesday, 24 May 2016 02:00am EDT 

Nel ASA : Uno-X Hydrogen AS, a NEL ASA joint venture, has entered into an agreement with a Norwegian affiliate of Praxair as a strategic alliance to install 20 hydrogen refuelling stations, covering all the major cities in Norway by 2020 . As part of the agreement, Praxair's Norwegian affiliate will aqcuire a 20 percent ownership interest in the joint venture .Following the agreement, Praxair's Norwegian affiliate will hold 20 percent of Uno-X Hydrogen, with Uno-X Gruppen and NEL holding 41 percent and 39 percent, respectively.  Full Article

Praxair Inc gives Q2 2015 EPS guidance; gives FY 2015 EPS guidance
Friday, 29 Apr 2016 06:01am EDT 

Praxair Inc:For Q2 2016, Praxair expects diluted earnings per share in the range of $1.32 to $1.39.For FY 2016, Praxair expects adjusted diluted earnings per share to be in the range of $5.35 to $5.70.  Full Article

Praxair Inc declares dividend in second quarter 2016
Friday, 29 Apr 2016 06:00am EDT 

Praxair Inc:Declared a quarterly dividend of 75.0 cents per share, unchanged from the previous quarter.Dividend is payable on June 15 to shareholders of record on June 7, 2016. The ex-dividend date is June 3, 2016.  Full Article

Praxair Signs Contracts to Install OPTIMELT and Oxygen Supply Systems with Glassmaker
Tuesday, 12 Apr 2016 09:40am EDT 

Praxair, Inc:signed a contract with Libbey, one of glassware and tableware manufacturers globally, to supply it with Praxair's OPTIMELTthermochemical regenerator (TCR) system.also entered into a long-term contract with Libbey to deliver oxygen to its glass melting facility in the Netherlands through a non-cryogenic, vacuum pressure swing adsorption (VPSA) system.Both the OPTIMELT TCR system and the 60 ton-per-day VPSA oxygen on-site supply system are scheduled to start up in 2017.  Full Article

Praxair, Inc declares annual dividend increase in Q1
Friday, 29 Jan 2016 06:00am EST 

Praxair, Inc:Declares 23rd consecutive annual dividend increase in first quarter 2016.Increases quarterly dividend by 5 percent to $0.75 per share.  Full Article

Praxair Inc signs long-term contract with Total and Further Expands Pipeline Network in the Port of Antwerp
Tuesday, 26 Jan 2016 09:30am EST 

Praxair Inc:Announced it has signed a 15-year contract to supply oxygen and nitrogen to Total in the Port of Antwerp.Praxair expects the oxygen and nitrogen pipeline supply to be operational in the second half of 2016.  Full Article

Praxair Inc Surface Technologies and GE Aviation to form joint venture
Tuesday, 19 Jan 2016 03:15pm EST 

Praxair Inc:Says GE Aviation and Praxair Surface Technologies Inc have entered into a definitive agreement to form a joint venture for the development, support and application of specialized coatings.Says Praxair Surface Technologies will be the majority owner of the venture and will consolidate results.Says parties plan to begin operations during the second quarter of 2016, once regulatory approvals are obtained.  Full Article

Praxair Inc declares dividend in fourth quarter 2015
Thursday, 29 Oct 2015 06:00am EDT 

Praxair Inc:Declared a quarterly dividend of 71.5 cents per share, unchanged from the previous quarter.Payable on December 15 to shareholders of record date as on December 7.  Full Article

Praxair Inc expands business in Peru with acquisition of Tecnogas
Thursday, 24 Sep 2015 09:30am EDT 

Praxair Inc:Acquired Tecnogas, a local producer and distributor of carbon dioxide and industrial gases in Peru. Financial terms of the transaction were not disclosed.Financial terms of the transaction were not disclosed.  Full Article

Praxair Inc prices $750 million notes
Monday, 21 Sep 2015 06:24pm EDT 

Praxair Inc:Has priced $300 million of 2.25 pct notes due Sept. 24, 2020 and $450 million of 3.20 pct notes due Jan. 30, 2026.The notes are being offered under its shelf registration statement filed with the U.S. Securities and Exchange Commission.The offering is led by Citigroup Global Markets Inc., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc. and Mitsubishi UFJ Securities (USA), Inc.Offering is expected to close on Sept. 24.Using the proceeds of the offering for general corporate purposes, including the repayment of outstanding indebtedness.  Full Article

BRIEF-Yara completes sale of its European CO2 business to Praxair

* Says has completed the sale of its European CO2 business and its remaining 34 pct stake in the Yara Praxair Holding AS joint venture to Praxair for EUR 300 million ($335.91 million)