Praxair Announces Helium Price Increases

DANBURY, Conn.–(BUSINESS WIRE)–$PX–Praxair, Inc. (NYSE:PX) is notifying bulk liquid helium customers
worldwide of increases in helium prices of up to 10%, depending upon the
region, effective January 1, 2018, or as contracts permit. Price
adjustments may be higher or lower than this range in accordance with
contract provisions.

This adjustment is in response to continuing cost inflation impacting
crude and refined helium, including the most recent U.S. Department of
the Interior, Bureau of Land Management (BLM) announced price increase,
as well as higher distribution costs worldwide. Praxair continues to
make investments and enhancements in capacity and the efficiency of its
helium operations worldwide; this adjustment will further enable the
company to continue to deliver high levels of supply reliability.

About Praxair

Praxair, Inc. is a leading industrial gas company in North and South
America and one of the largest worldwide.
With market capitalization of approximately $40 billion and 2016 sales
of $11 billion, the company employs over 26,000 people globally and has
been named to the Dow Jones® World Sustainability Index for 15
consecutive years. Praxair produces, sells and distributes atmospheric,
process and specialty gases,
and high-performance surface
coatings. Our products, services
and technologies are making our planet more productive by
bringing efficiency and environmental benefits to a wide variety of industries,
including aerospace,
chemicals,
food
and beverage, electronics,
energy,
healthcare,
manufacturing, primary metals
and many others. For more information about the company, please visit
our website at www.praxair.com.

Contacts

Praxair
Media:
Jason Stewart, 203-837-2448
[email protected]
or
Investors:
Juan
Pelaez, 203-837-2213
[email protected]