SOURCE: StockCall


August 31, 2010 09:15 ET

Opinions on Praxair and Nalco Holding - Quick Overview on the Basic Materials Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 31, 2010) - offers investors comprehensive research on the synthetics industry and has completed analytical research on Praxair Inc. (NYSE: PX) and Nalco Holding Co. (NYSE: NLC). Register with us today at to have free access to these researches. 

The acquisition, use and removal of Middle Eastern oil are providing a boost to the American basic materials industry. The basic materials industry is generally a very cyclical one and one capable of withstanding economic downturns. This stability has afforded many companies to expand, merge and enter new markets where as other industries focus on recovery. Register now at to have free access to our reports on the synthetics industry. is an online platform where investors doing their due-diligence on the synthetics industry can have easy and free access to our analyst research and opinions on Praxair Inc. and Nalco Holding Co.; all investors need to do is register for a complimentary membership at

Some major gas producing companies are shifting their energy to the Middle East to capitalize on massive modernization and construction efforts. Recent US/Middle East mergers and partnerships indicate stronger interest from the American basic materials industry. Yesterday, Praxair Inc. announced that it would acquire 49% ownership interest in ROC Group's industrial gases businesses which operates in three Middle Eastern countries. Large-scale infrastructure projects will provide the bulk of industrial gas demand. New oil recovery technologies are also using the industrial gases to more efficiently extract oil. Investors looking for free research on Praxair Inc. are welcome to sign up at

In addition to the acquisition and use of oil, some companies are seeing an increase in demand in their services from the removal of oil from the Gulf spill. Makers of EOR (Enhanced Oil Recovery) products like Nalco Holding Co. provided aid in the form of chemical dispersers. Despite the hike in demand for the products, EOR makers insist that they saw no initial financial benefit but could see profit if recovery efforts extend past current expectations. Investors looking for free research on Nalco Holding Co. are welcome to sign up at

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