LEHIGH VALLEY, Pa.,
Sept. 24, 2019 /PRNewswire/
-- Effective October 1, 2019, or
as contracts permit, Air Products (NYSE: APD) will increase product
pricing, monthly service charges, and surcharges for merchant
customers in North America. The
pricing adjustments include increases of:
- Up to 15% for liquid and bulk hydrogen.
- Up to 20% for liquid argon.
- Up to 10% for liquid nitrogen and liquid oxygen.
- Up to 10% for liquid carbon dioxide and monthly service
charges.
Some price adjustments may be outside of these ranges based on
specific situations. Helium prices will also be increased based on
supply/demand and cost situations and may be customer specific.
These adjustments are in response to increases in sourcing,
production and delivery costs, and support continued investments in
reliability, security, and safety.
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,
2018.
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SOURCE Air Products