Air Products will increase product pricing, monthly service charges, and surcharges for merchant customers in North America, effective 1st October.
Announcing the hikes on Monday (20th September), the industrial gas giant said the changes are in response to increases in sourcing, production, and delivery costs, and support continued investments in reliability, security, and safety.
As a result of this, the pricing adjustments include increases of:
- Up to 20% for liquid nitrogen and liquid oxygen
- Up to 15% for liquid carbon dioxide
- Up to 15% for monthly service charges
Some price adjustments may be outside of the above ranges based on specific situations.
Air Products will also increase helium, hydrogen and argon prices based on supply/demand and cost situations. These rises may be customer specific.