Praxair Electronics Announces Price Increase for Tantalum

12-Sep-2008 - USA

Praxair Electronics, a division of Praxair Inc., announced a worldwide price increase of 15% on tantalum products, effective immediately or as customer contracts otherwise permit. In some circumstances, price adjustments may be higher or lower. According to the company, this action is being implemented as a response to rapidly escalating raw material costs related to the mining and recycling of tantalum and tantalum ore.

"Praxair Electronics will be working with our worldwide customers to expand tantalum recycling programs and other productivity measures, such as long life targets, in order to mitigate the effect of the price increase," said David Strauss, managing director of deposition materials.

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