Effective October 1, 2013,
or as contracts permit, Air Products APD will increase product pricing
and monthly charges for merchant customers in North America. The pricing
adjustments include increases of:
o Up to 12% for liquid oxygen, liquid nitrogen, and liquid carbon dioxide.
o Up to 20% for liquid argon, liquid and bulk hydrogen, and bulk carbon
monoxide.
o Liquid and bulk helium pricing adjustments will be determined on a
contract by contract basis.
Some price adjustments may be outside of these ranges based on other specific
situations.
The revised prices are in response to various factors, including supply and
demand imbalances, that are driving up production and delivery costs, and
increases in operating expenses such as employee labor and benefits, natural
gas and energy, and maintenance. Air Products continues to make significant
investments in infrastructure, technologies, and productivity programs aimed
at improving the reliability, safety, and cost efficiency of its operations.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: News
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in