By Colin Kellaher

Air Products & Chemicals Inc. on Monday said it is raising North American prices for some liquid and bulk industrial gas products by up to 15% in a bid to counter escalating sourcing, production and delivery costs.

The Allentown, Pa., industrial gases company said the increase, effective Oct. 1, covers liquid nitrogen, liquid oxygen and liquid carbon dioxide.

Air Products said it also plans to raise prices for helium, hydrogen and argon, adding that those increases would be based on supply/demand and cost situations and may be customer specific.

Air Products in January announced North American price increases of up to 20% for some products.

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

(END) Dow Jones Newswires

September 21, 2020 10:46 ET (14:46 GMT)

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