LEHIGH VALLEY, Pa.,
Sept. 18, 2017 /PRNewswire/
-- Effective October 1, 2017, or
as contracts permit, Air Products (NYSE: APD) will increase product
pricing and monthly service charges in North America. The
pricing adjustments include increases of:
- Up to 20% for liquid argon, liquid and bulk helium
- Up to 15% for liquid oxygen, liquid nitrogen, liquid and bulk
hydrogen
- Up to 10% for liquid carbon dioxide
- Up to 10% for tank monthly service charges
Some price adjustments may be outside of these ranges based on
specific situations.
The price adjustments are in response to several factors
including supply and demand imbalances which drive-up production
and product distribution costs, increases in operating costs, plant
maintenance, and employee labor and benefits. Additionally, Air
Products continues to make significant investment in
infrastructure, technologies, and productivity programs aimed at
improving the reliability, safety, and cost efficiency of its
operations.
NOTE: This release may contain forward-looking statements
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on management's reasonable expectations and assumptions as of
the date of this release regarding important risk factors. Actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors not anticipated by management,
including risk factors described in the Company's Form 10K for its
fiscal year ended September 30,
2016.
www.airproducts.com
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SOURCE Air Products