Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products
September 15 2009 - 11:05AM
PR Newswire (US)
LEHIGH VALLEY, Pa., Sept. 15 /PRNewswire-FirstCall/ -- Effective
October 1, 2009, or as contracts permit, Air Products (NYSE:APD)
will increase pricing and monthly service charges as follows for
merchant customers in North America for the following products:
liquid oxygen, liquid nitrogen, liquid argon, liquid and bulk
hydrogen by 4% to 8%; and liquid and bulk helium by 5% to 10%. Some
price adjustments may be outside of these ranges based on other
specific situations. This pricing initiative is in response to
higher operating costs related to running plants with significantly
lower product demand, in addition to both higher energy costs and
overall increases associated with the production and distribution
of merchant gas products. ***NOTE: This release may contain
forward-looking statements. Actual results could vary materially,
due to changes in current expectations. DATASOURCE: Air Products
CONTACT: Media Inquiries: Art George, +1-610-481-1340, , or
Investor Inquiries: Nelson Squires, +1-610-481-7461, Web Site:
http://www.airproducts.com/
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