LEHIGH VALLEY, Pa.,
Sept. 20, 2021 /PRNewswire/
-- Effective October 1, 2021, 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 20% for liquid nitrogen and liquid oxygen
- Up to 15% for liquid carbon dioxide
- Up to 15% for monthly service charges
Some price adjustments may be outside of these ranges based on
specific situations. Helium, hydrogen and argon 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.
Cautionary Note Regarding Forward-Looking Statements: This
release contains "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 expectations and assumptions as of the date of this
release and are not guarantees of future performance. While
forward-looking statements are made in good faith and based on
assumptions, expectations and projections that management believes
are reasonable based on currently available information, actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors, including risk factors
described in our Annual Report on Form 10-K for the fiscal year
ended September 30, 2020. Except
as required by law, we disclaim any obligation or undertaking to
update or revise any forward-looking statements contained herein to
reflect any change in the assumptions, beliefs or expectations or
any change in events, conditions or circumstances upon which any
such forward-looking statements are based.
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SOURCE Air Products