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Praxair Inc (PX.N)

PX.N on New York Stock Exchange

135.86USD
25 Jul 2017
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Latest Key Developments (Source: Significant Developments)

Praxair announces air separation plant
Thursday, 20 Jul 2017 08:30am EDT 

July 20 (Reuters) - Praxair Inc :Started up new air separation plant for Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between Sinopec Jinling and Huntsman​.  Full Article

Praxair enters into credit agreement for revolving commitments of $500 mln
Wednesday, 5 Jul 2017 12:43pm EDT 

July 5 (Reuters) - Praxair Inc ::On June 30, Co entered into a 364-day credit agreement - SEC filing.Credit agreement provides for aggregate revolving commitments of US$500 million - SEC filing.Credit agreement supports company's commercial paper program.  Full Article

Linde chairman says may have to dispose of more assets than expected
Friday, 2 Jun 2017 09:26am EDT 

June 2 (Reuters) - Linde chairman:Says may have to dispose of more assets than expected but that wouldn't derail the Praxair px.n merger.Says winning over shareholders is more challenging, reaching 75 percent tender threshold not trivial.Says aspirational target should be $100 billion market capitalization 5 years from closing of Praxair px.n merger.  Full Article

Linde sup. board voted 6 to 5 in favour of merger with one abstention -sources
Thursday, 1 Jun 2017 01:15pm EDT 

June 1 (Reuters) - Linde :Supervisory board voted 6 to 5 in favour of merger with one abstention -sources.  Full Article

Linde supervisory board said to approve Praxair deal- Bloomberg, citing sources
Thursday, 1 Jun 2017 12:42pm EDT 

June 1 (Reuters) - :Linde supervisory board said to approve praxair deal- Bloomberg, citing sources.Linde supervisory board's approval of the deal will be announced as soon as today - Bloomberg, citing sources.  Full Article

Soroban Capital reports 6.2 pct passive stake in Praxair - SEC filing
Thursday, 27 Apr 2017 12:27pm EDT 

April 27 (Reuters) - Soroban Capital GP LLC::Soroban Capital GP LLC reports 6.2 percent passive stake in Praxair Inc as of April 18, 2017 - SEC filing.  Full Article

Praxair Q1 earnings per share $1.37 excluding items
Thursday, 27 Apr 2017 06:01am EDT 

April 27 (Reuters) - Praxair Inc ::Praxair reports first-quarter 2017 results.Sees Q2 2017 earnings per share $1.38 to $1.43 excluding items.Sees FY 2017 adjusted earnings per share $5.55 to $5.80.Q1 sales $2.728 billion.Sees FY 2017 GAAP earnings per share $5.53 to $5.78.Q1 earnings per share $1.37 excluding items.Q1 earnings per share $1.35.Praxair says volume growth was attained in north america, europe and asia, partially offset by south america due to challenging economic environment in Brazil.Praxair sees improved base volume growth in-line with current macro-economic environment.Praxair says new project opportunities, specifically in U.S. Gulf coast, continue to be a bright spot as bidding activity remains robust.Praxair sees full-year capital expenditures of about $1.4 billion.  Full Article

Praxair Inc's subsidiary signs long-term contract to supply Rolls-Royce
Tuesday, 28 Mar 2017 08:30am EDT 

Praxair Inc : Praxair Inc - Praxair Surface Technologies subsidiary was awarded a long-term contract by leading aero engine manufacturer Rolls-Royce . Praxair Inc - over 10-year contract, PST will apply its tribomet abrasive coatings to rotating components in jet engines of wide-body aircraft .Praxair Inc - project, which will begin in mid-2017, will be serviced from PST'S coating operations in Indianapolis and weston-super-mare, England.  Full Article

Praxair signs long-term agreement with Celanese to supply carbon monoxide, oxygen and nitrogen in the U.S. Gulf coast
Tuesday, 21 Feb 2017 08:43am EST 

Praxair Inc : Praxair signs long-term agreement with celanese to supply carbon monoxide, oxygen and nitrogen in the U.S. Gulf coast . Praxair Inc - has signed a 15-year agreement to supply Celanese Corporation with carbon monoxide, as well as oxygen and nitrogen, in U.S. Gulf coast . New facilities and pipeline assets will begin operations in year 2020 . Praxair Inc - Praxair will build new air separation unit on nitrogen, oxygen pipeline network that will provide industrial gases required by Celanese .Praxair Inc- new plants and pipeline expansions require a combined investment of more than $300 million.  Full Article

Praxair starts up hydrogen facility for the Dow Chemical company in U.S. Gulf coast
Wednesday, 1 Feb 2017 08:30am EST 

Praxair Inc : Praxair starts up hydrogen facility for the Dow Chemical company in U.S. Gulf coast; signs long-term nitrogen supply agreement . Praxair Inc says signed a long-term contract with dow to supply nitrogen to company for use in its chemical production facility . Says nitrogen supply is expected to start in 2019. .Praxair has also signed a long-term contract with dow to supply nitrogen to company for use in its chemical production facility.  Full Article

BRIEF-Praxair announces air separation plant

* Started up new air separation plant for Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between Sinopec Jinling and Huntsman​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)