Praxair is notifying bulk liquid helium customers in Europe, Asia and Latin America of increases in prices up to 30% for bulk liquid helium effective January 1st 2013, or as contracts permit.
The company says price adjustments may be higher or lower in accordance with individual contract provisions.
These adjustments are being implemented in response to continuing increases in distribution, feedstock and sourcing costs; persistent supply/demand imbalances; and to support investments required to maintain infrastructure necessary to reliably supply customers.
Elsewhere Air Products will implement pricing actions for liquid and bulk helium in North America. The on-going global helium shortage has necessitated investments by Air Products and dramatically increased the cost of its operations and inputs. The pricing actions are being taken to recover extraordinary costs that are being incurred by Air Products in order to maintain reliable supply and secure new sources of helium for its customers.
Earlier in December Air Products also announced a price raise for its’ electronic offerings.
The concept of a nitrogen economy appears to be gathering momentum as a sustainable solution in the crossroads of energy security. For the industrial gases business, gasworld understands, this is something that cannot be ignored.
Season’s Greetings one and all – it’s that time of year again! Fun-filled days fuelled by gases, from the argon in decorative lighting to the electronics gases that helped manufacture a range of laptops, smartphones, and electronic devices.
Houston, Texas, based Thigpen Energy has selected Chart for the provision of LNG fueling equipment and supplies – with construction already underway. Earlier this week it was announced that the company’s eastern European outfit, Chart Ferox, was chosen to construct LNG filling station in Poland.
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