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Praxair Inc
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Praxair Inc makes and sells industrial gases such as oxygen, nitrogen, and argon. Factories use these gases for welding and metal processing, while hospitals need them for patient care and medical equipment. The company makes money by selling these gases through long-term contracts and by leasing or selling the equipment needed to store and use them.
Praxair operates in the industrial gases industry, which supplies essential gases to manufacturing, healthcare, and technology sectors. These gases are critical for processes like welding, metal cutting, medical treatments, and food preservation, making the business relatively stable with recurring demand from industrial customers.
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