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Praxair profit, sales falls short of expectations

2015-01-28 13:21:18| Chemicals - Topix.net

Industrial-gas company Praxair Inc. said its earnings dropped as weak macroeconomic conditions, especially in Europe, and the strong dollar pressured fourth-quarter results. Both sales and revenue missed expectations, leading the Connecticut-based company to post a disappointing outlook for the year.

Tags: short sales falls profit

 

Praxair receives $53M NASA contract

2015-01-23 04:57:46| Chemicals - Topix.net

Praxair officials recently announced that the company has received a five-year contract worth up to $53 million to supply NASA with hydrogen for the space program. Praxair's hydrogen supply network will serve four NASA sites, including Stennis Space Center in Mississippi, the Kennedy Space Center in Florida, the Marshall Space Flight Center in Alabama and the Glenn Research Center in Ohio.

Tags: contract receives nasa 53m

 
 

Praxair Is My Favorite Play In The Industrial Gases Sector

2015-01-21 00:30:39| Chemicals - Topix.net

Recently I searched the CCC list and Westlake Chemical Corp. popped up on one of my screens. My own, self-made Excel application directly lists all the competitors in the particular industry , ranked by market cap.

Tags: play favorite industrial sector

 

Venezuelan crisis hits home - Praxair reduces earnings forecast

2015-01-20 04:28:14| Chemicals - Topix.net

Out of control inflation and long food lines in Venezuela may seem a long way off from the outskirts of Danbury, but at least one local company is being forced to alter its balance sheet and earnings outlook due to the ongoing crisis in the South American country. Executives with Praxair, a Fortune 250 company based in Danbury, have announced that the company will take a charge of more than $131 million during the fourth quarter and lowered its earnings outlook at a result of adjusting the exchange rate used for bolivars, Venezuelan's currency.

Tags: home hits crisis reduces

 

Cryogenic Freezing: Praxair enhances in-house food lab with new...

2015-01-09 07:00:05| Chemicals - Topix.net

Praxair Inc. has added the newest design of its ColdFront ultra-performance spiral freezer to its other cryogenic freezing and chilling systems in the Praxair Food Laboratory. This improvement allows customers to test their food products on full-sized equipment using ideal production parameters for efficient cryogen usage, achieving maximum productivity.

Tags: food lab enhances freezing

 

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