Air Products Raises Prices on Some Gas Products By Up to 25%

Date : 09/17/2018 @ 12:30PM
Source : Dow Jones News
Stock : Air Products And Chemicals, Inc. (APD)
Quote : 156.7  -1.57 (-0.99%) @ 12:05AM

Air Products Raises Prices on Some Gas Products By Up to 25%

Air Products (NYSE:APD)
Historical Stock Chart

1 Month : From Sep 2018 to Oct 2018

Click Here for more Air Products Charts.
   By Colin Kellaher 
 

Air Products & Chemicals Inc. (APD) on Monday said it is raising North American prices for liquid and bulk industrial gas products by up to 25% due to rising costs for sourcing, production and delivery.

The Lehigh Valley, Pa., supplier of industrial gases said the increases are effective Oct. 1 or as contracts permit.

Air Products said it will raise prices by up to 25% for liquid and bulk hydrogen, and up to 20% for liquid argon. Prices will rise by up to 15% for liquid nitrogen and liquid oxygen, and by up to 10% for liquid carbon dioxide.

Air Products said it also plans to raise helium prices, adding that the increases will be based on supply and demand and cost situations.

The company in June announced price increases of up to 20% for liquid and bulk helium, up to 15% for liquid argon, and up to 10% for liquid and bulk hydrogen that took effect July 1.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

September 17, 2018 12:15 ET (16:15 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

Latest APD Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.