By Stephen Nakrosis

 

Air Products & Chemicals, Inc. on Monday said it will raises prices for merchant customers in North America, effective Oct. 1 or as contracts permit.

The industrial gases company said it will increase product pricing, monthly service charges, and surcharge. The adjustments will include up to 20% for liquid nitrogen and liquid oxygen, up to 15% for liquid carbon dioxide and up to 15% for monthly service charges, the company said..

The move comes in response to "increases in sourcing, production, and delivery costs, and support continued investments in reliability, security, and safety," the company said.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 20, 2021 16:22 ET (20:22 GMT)

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