Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products
September 16 2010 - 10:26AM
PR Newswire (US)
LEHIGH VALLEY, Pa.,
Sept. 16 /PRNewswire/ -- Effective
October 1, 2010, or as contracts
permit, Air Products (NYSE: APD) will increase product pricing and
monthly service charges for merchant customers in North America as follows:
- 4-8% for liquid oxygen, liquid nitrogen, liquid argon, liquid
and bulk hydrogen;
- 5-10% for liquid and bulk helium; and
- 3-5% for monthly service charges.
Some price adjustments may be outside of these ranges based on
other specific situations.
The revised prices will offset higher operating costs and
increased input costs. We are taking aggressive actions
internally to mitigate rising costs by reinvesting to improve
efficiencies and maintain reliable supply.
Helium is severely impacted by the Bureau of Land Management's
(BLM) cost increase for crude helium announced last month.
***NOTE: This release may contain forward-looking statements.
Actual results could vary materially, due to changes in current
expectations.
SOURCE Air Products
Copyright . 16 PR Newswire
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