LEHIGH VALLEY, Pa.,
Sept. 15, 2016 /PRNewswire/ --
Effective October 1, 2016, or as
contracts permit, Air Products (NYSE: APD) will 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
- Up to 15% for liquid oxygen, liquid nitrogen, liquid and bulk
hydrogen
- Up to 10% for liquid carbon dioxide, liquid and bulk
helium
- Up to 10% for tank monthly service charges
Some price adjustments may be outside of these ranges based on
specific situations.
These price adjustments are in response to rising costs and will
also support continued investments to improve the reliability,
security, safety, and efficiency of 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,
2015.
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SOURCE Air Products