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Cylinder price increases from TW Cylinders

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TW Cylinders LLC, a division of Taylor-Wharton International LLC, has announced price increases effective as of 1st May 2008 covering all acetylene and high pressure cylinder product lines.

Orders placed for shipment prior to 1st May will be accepted at existing prices on a
first-come first-served basis, and subject to available inventory and manufacturing capacity at time of order.

Scott W. Boyd, Vice President of Sales and Marketing, stated, “Unprecedented price escalation for the alloy steels required by specification to manufacture high pressure and acetylene cylinders compel us to increase our price structure for these product lines on 1st May.”

Boyd further commented that, “The steel mills have increased their prices in excess of 20%, in a single 30-day period, for steel chemistry requiring premium scrap and certain chrome and vanadium alloys.”

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