Industrial Gas Distributors Fight Rising Costs with Price Increases
Both Praxair Distribution Inc. and Airgas Inc have announced price increases recently in response to the rising cost of fuel and energy as well as basic materials such as steel, aluminum and brass.
"The cost of fuel and energy has escalated beyond what we can absorb," said Praxair Distribution President Wayne Yakich. "This, along with the increasing cost of such basic materials as steel, aluminum and brass heavily impacts our packaged gases, equipment and consumables businesses. The continuing cost increases from our suppliers have made these price increases necessary for us to continue to reliably service our customers, and deliver the quality products and services customers ...