LEHIGH VALLEY, Pa., Feb. 15, 2017 /PRNewswire/ -- Effective March 1, 2017, or as contracts permit, Air Products (NYSE: APD) will increase product pricing for merchant customers in North America. The pricing adjustments include increases of:
- Up to 20% for liquid argon
- Up to 15% for liquid oxygen, liquid nitrogen, liquid and bulk hydrogen
- Up to 10% for liquid carbon dioxide, liquid and bulk helium
Based on specific situations, some price adjustments may be outside of these ranges.
These price adjustments are in response to increased operating costs and will also support continued investments to improve the reliability, security, and safety of Air Products' operations.
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, 2016.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/air-products-announces-price-increase-for-north-american-liquid-and-bulk-industrial-gas-products-300408099.html
SOURCE Air Products