Air Products Announces North American Price Increase for Liquid and Bulk
Industrial Gas Products
LEHIGH VALLEY, Pa., April 16, 2013
LEHIGH VALLEY, Pa., April 16, 2013 /PRNewswire/ -- Effective, May 1, 2013, or
as contracts permit, Air Products (NYSE: APD) will increase product pricing
and monthly charges for merchant customers in North America. The pricing
adjustments include increases of up to 10% for liquid argon, liquid oxygen,
liquid nitrogen, liquid and bulk hydrogen, bulk carbon monoxide, and liquid
carbon dioxide. Some price adjustments may be outside of these ranges based on
other specific situations.
The revised prices are in response to various supply and demand product
imbalances which have led to increased costs in nearly every aspect of
producing and delivering industrial gases. Additionally, Air Products has been
impacted by higher energy costs from utility companies and higher distribution
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, 2012.
SOURCE Air Products
Contact: Media Inquiries: Art George, (610) 481-1340,
firstname.lastname@example.org, or Investor Inquiries: Simon Moore, (610) 481-7461,
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