Last €95.43 EUR
Change Today +1.21 / 1.28%
Volume 16.0
As of 10:54 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

praxair inc (PXR) Snapshot

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01/22/14 - €98.36
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04/23/13 - €83.76
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praxair inc (PXR) Details

Praxair, Inc. produces, sells, and distributes atmospheric, process, and specialty gases, as well as surface coatings in North America, Europe, South America, and Asia. The company offers atmospheric gases, such as oxygen, nitrogen, argon, and rare gases; and process gases comprising carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also designs, engineers, and builds equipment that produces industrial gases; and manufactures precious metal and ceramic sputtering targets used primarily in the production of semiconductors. In addition, the company supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders to the aircraft, energy, printing, primary metals, petrochemical, textile, and other industries. Further, it provides electric arc, plasma, and high-velocity oxy-fuel equipment; and distributes hardgoods and welding equipment purchased from independent manufacturers. The company sells its products primarily through independent distributors. It serves various industries, such as healthcare, petroleum refining, computer-chip manufacturing, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment industries. The company was founded in 1907 and is headquartered in Danbury, Connecticut.

27,560 Employees
Last Reported Date: 02/25/14
Founded in 1907

praxair inc (PXR) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.2M
Executive Vice President and President of Nor...
Total Annual Compensation: $522.5K
Executive Vice President
Total Annual Compensation: $556.5K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $516.3K
Compensation as of Fiscal Year 2013.

praxair inc (PXR) Key Developments

Praxair Inc. Starts Up Air Separation Plant in Peru; to Increase its Supply of Oxygen to Aceros Arequipa

Praxair Inc. announced the start-up of a new 270 tons per day air separation plant in Pisco, located in the central region of Peru. Under a long-term contract, Praxair will increase its supply of oxygen to Aceros Arequipa, to meet the company's expanding steel production capacity. This is Praxair's third plant serving Aceros Arequipa's Pisco facility. The new supply will enable Aceros Arequipa to expand its production of corrugated iron, steel wire rods and other steel products used in Peru's construction sector. Aceros Arequipa produces more than one million tons of steel products annually.

Praxair Inc. Announces $1 million Investment to Increase Liquid Hydrogen Production

Praxair announced that it is constructing a steam methane reformer to increase the supply of liquid hydrogen from its liquid hydrogen plant in Niagara Falls, New York. The USD 1 million grant from the Empire State Development will assist the company in serving its growing customer requirement for liquid hydrogen in the Northeast and Midwest regions of the US and southeastern Canada. Upon completion in 2015, Praxair's Niagara Falls liquid hydrogen production capacity will increase 50%. The liquid hydrogen is delivered by customised trucks to customers in a wide range of industries, including the manufacturing of metals, lubricants, glass, liquid fuels, solar technology, chemicals and food products.

Praxair Inc. Starts Up Air Separation Plant for Steel Authority of India Limited

Praxair Inc. announced the start-up of the first of two 1,250 metric tons per day air separation units at Steel Authority of India's (SAIL) Bhilai, India facility. The plant will provide a reliable and energy efficient supply of gaseous oxygen, nitrogen and argon under a long term contract to support SAIL's expansion activities. This is Praxair's first project in the state of Chhattisgarh and central India. The facility will also produce liquid oxygen, nitrogen and argon to further support growing industrial and medical gases needs in the states of Chhattisgarh, Madhya Pradesh and parts of Maharashtra.


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Valuation PXR Industry Range
Price/Earnings 22.5x
Price/Sales 3.3x
Price/Book 5.9x
Price/Cash Flow 13.5x
TEV/Sales 2.4x

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