SOURCE: StockCall


December 21, 2010 08:16 ET

Opinions on Praxair Inc. and Nalco Holding Co. -- Synthetics Sector Raising Prices

JOHANNESBURG, SOUTH AFRICA--(Marketwire - December 21, 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 Synthetics sector has been raising its prices lately to protect dwindling margins. One segment to which the sector is raising prices is the paper industry. Some companies have announced between a five and fifteen percent increase in prices, due primarily to the rising cost and constrained availability of certain raw materials. The sector has also cited increased energy and freight costs as motivators. Prices are also being raised across Asia due to higher materials costs and increasing wages paid out to their employees. 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

One area the Synthetics sector is looking to grow is in the emerging market of India. The government there has recently announced that it will take measures to support large scale economic growth during the coming years. This has boosted companies within the sector to invest in plants that produce liquid oxygen, nitrogen, and argon, key elements in various manufacturing processes. India has declared it wants to grow its manufacturing industry by 7% annually during the next five years. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Taking a quick look at results posted for the third quarter 2010 by some of the players within this space, Praxair Inc. saw a surge of 16% in earnings boosted by emerging markets. Profits came in at $377 million. Investors looking for free research on Praxair Inc. are welcome to sign up at

Conversely, Nalco Holding Co. delivered better-than-anticipated quarterly readings with net income coming in at $58.9 million reversing a loss registered in the same quarter of 2009. Revenue also rose by 14% to $1.09 billion. Investors looking for free research on Nalco Holding Co. are welcome to sign up at

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