Effective 1st October (2017), or as contracts permit, Air Products is to increase product pricing and monthly service charges for merchant customers in North America.
The pricing adjustments include increases of:
- · Up to 20% for liquid argon, liquid and bulk helium
- · Up to 15% for liquid oxygen, liquid nitrogen, liquid and bulk hydrogen
- · Up to 10% for liquid carbon dioxide
- · Up to 10% for tank monthly service charges
Some price adjustments may be outside of these ranges based on specific situations.
The Tier One company explained, “The price adjustments are in response to several factors “including supply and demand imbalances which drive-up production and product distribution costs, increases in operating costs, plant maintenance and employee labour and benefits.”
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