Air Products Announces North American Price Increase for Liquid Argon, Oxygen, Nitrogen and Monthly Service Charges


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Effective March 15, 2015, oras contracts permit, Air Products (NYSE: APD) will increase product pricingand monthly service charges for merchant industrial gas customers in NorthAmerica. The pricing adjustments include increases of:- Up to 20% for liquid argon- Up to 12% for liquid oxygen and liquid nitrogen- Up to 10% on monthly service chargesSome price adjustments may be outside of these ranges based on other specificsituations. The price adjustments are in response to increased costs to reliably supplyAir Products' customers' growing demand for industrial gases. In addition tohigher operating costs for both production and delivery of industrial gasproducts, Air Products has also experienced increased costs for bulk tanks dueto higher metal prices. NOTE: This release may contain forward-looking statements within the safeharbor provisions of the Private Securities Litigation Reform Act of 1995.These forward-looking statements are based on management's reasonableexpectations and assumptions as of the date of this release regardingimportant risk factors. Actual performance and financial results may differmaterially from projections and estimates expressed in the forward-lookingstatements because of many factors not anticipated by management, includingrisk factors described in the Company's Form 10K for its fiscal year endedSeptember 30, 2014.

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