Praxair (PX)
Frequently Asked Questions About Praxair (PX)
How does Praxair contribute to environmental sustainability?
Praxair is committed to environmental sustainability through innovative technologies, operational efficiency, and responsible practices. The company focuses on reducing greenhouse gas emissions, optimizing resource use, and developing environmentally friendly gas solutions to support the transition to a low-carbon economy.
How does Praxair engage with its communities?
Praxair actively engages with the communities where it operates through various charitable initiatives, volunteering efforts, and sustainability programs. The company aims to promote education, environmental stewardship, and overall well-being, fostering positive relationships with local stakeholders.
How does Praxair maintain product quality?
Praxair maintains product quality through stringent quality control measures, adhering to industry standards and regulations. The company invests in state-of-the-art technology and equipment to ensure that its gases and services meet or exceed customer expectations while consistently delivering on quality.
How does Praxair support healthcare?
Praxair supplies medical gases such as oxygen, nitrous oxide, and carbon dioxide to healthcare facilities. The company also provides gas management systems and services that ensure the safe delivery and efficient use of medical gases, contributing to improved patient care and outcomes.
Is Praxair publicly traded?
Yes, Praxair is publicly traded on the New York Stock Exchange under the ticker symbol 'PX'. The company's shares can be bought and sold by investors, providing them with an opportunity to participate in its growth and success in the industrial gas market.
What are Praxair's core values?
Praxair's core values include safety, integrity, sustainability, and innovation. These values guide the company's operations and decision-making processes, reinforcing its mission to provide high-quality products and services while fostering a culture of accountability and responsibility.
What are the benefits of using Praxair's gases in manufacturing?
Using Praxair's gases in manufacturing processes can enhance efficiency, reduce waste, and improve product quality. The company's high-purity gases and customized solutions are designed to optimize production processes, lower energy consumption, and create more sustainable manufacturing practices.
What are the main products offered by Praxair?
Praxair offers a wide array of products including oxygen, nitrogen, argon, hydrogen, carbon dioxide, and specialty gases. Additionally, the company provides related equipment and services such as gas supply systems, gas mixtures, and on-site generation solutions to meet customer requirements.
What does Praxair do?
Praxair, Inc. is a leading global gases and chemical company that supplies atmospheric, process, and specialty gases to a variety of industries, including healthcare, manufacturing, energy, and food and beverage. The company focuses on providing innovative and sustainable gas solutions to enhance operational efficiency and minimize environmental impact.
What industries does Praxair serve?
Praxair serves a diverse range of industries, including healthcare, food and beverage, metals, mining, chemicals, and energy. The company's products and services are tailor-made to meet the specific needs and challenges of each industry, enhancing safety, efficiency, and sustainability.
What initiatives does Praxair have for employee development?
Praxair is dedicated to the professional development of its employees, offering various training programs, mentoring opportunities, and career advancement pathways. The company fosters a culture of continuous learning to help its workforce grow and excel in their respective roles.
What innovations has Praxair recently introduced?
Praxair has introduced several innovations in recent years, including advanced gas supply systems for industrial applications, eco-friendly gas solutions for reducing carbon emissions, and digital tools that enhance customer interactions and logistics. These innovations help improve efficiency and sustainability in various industries.
What is Praxair's approach to safety?
Praxair prioritizes safety as a core value and integrates it into all aspects of its business operations. The company implements rigorous safety protocols, conducts regular training for employees, and continuously seeks to improve safety performance to protect both its workforce and customers.
What is Praxair's research and development focus?
Praxair invests significantly in research and development to drive innovation and enhance its product offerings. The company focuses on developing advanced gas production technologies, exploring renewable energy solutions, and creating new applications for industrial gases in various sectors.
What is the corporate responsibility strategy of Praxair?
Praxair's corporate responsibility strategy focuses on environmental stewardship, safety, community engagement, and ethical business practices. The company is committed to making a positive impact on society and conducting business responsibly while delivering value to its stakeholders.
What markets does Praxair operate in?
Praxair operates in multiple markets worldwide, including North America, South America, Europe, and Asia. The company's global footprint enables it to service a diverse range of customers across industries, providing tailored gas solutions and developing strong regional partnerships.
When did Praxair merge with Linde AG?
Praxair completed its merger with Linde AG in October 2018, creating one of the world's largest industrial gas companies. This merger aimed to enhance operational efficiencies and broaden the customer base, ultimately providing greater value and innovative solutions to the market.
When was Praxair founded?
Praxair was founded in 1907 as the Linde Air Products Company, and it became Praxair in 1992 after a series of mergers and acquisitions. Over the years, the company has grown significantly and expanded its offerings to become one of the largest industrial gas suppliers in the world.
Where is Praxair headquartered?
Praxair is headquartered in Danbury, Connecticut, USA. This location serves as the central hub for its global operations and management, coordinating the company's extensive network of production and distribution facilities around the world.
What is the current price of Praxair?
The current price of Praxair is 9.480
When was Praxair last traded?
The last trade of Praxair was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of Praxair?
The market capitalization of Praxair is 2.73B
How many shares of Praxair are outstanding?
Praxair has 287.86M shares outstanding.