Shanghai Chemical Industry Park Industrial Gases Company, a 50-50 joint venture between Praxair Inc. and Air Liquide, two leading global suppliers of industrial gases, was recently awarded a 15-year industrial gases pipeline supply contract to supply hydrogen and carbon monoxide to Bayer Polyurethanes (Shanghai) Company.

Industrial gas provider Praxair (China) Investment Company has set up a joint venture in Guangzhou with the China Petroleum and Chemical Corporation; and this is the first alliance between the two companies.

Praxair (China) Investment Co., Ltd. is notifying industrial gas customers in China of a 10 percent price increase, effective July 1, 2008, or as contracts permit.