Industrial gas provider Praxair Inc of Danbury,CT,USA says that its Asian operating unit Praxair Asia Inc of Shanghai,China has notified its electronic gases customers of a price increase of 10-20%on select electronic process gases(effective 1 July,as contracts permit).
The firm says that the price increase is due to escalating raw material and production costs for electronic process gases.The increase will allow Praxair Asia to sustain product quality standards and to make ongoing investments to support the growth of its customers.Praxair Asia also continues to implement a variety of productivity programs to improve the overall cost structure.
Praxair Asia's electronics business supplies customers in the integrated circuit(IC),light-emitting diode(LED),liquid-crystal display(LCD),and photovoltaic(PV)segments.Products include process gases,such as precursors,dopants,reactants,etchants,inerts,etc.,as well as bulk,on-site,and associated distribution equipment.
