Effective from 15th March, the prices for liquid argon, oxygen, nitrogen and monthly service charges will be increased by Air Products in the North American market.
The pricing adjustments include increases of:
- Up to 20% for liquid argon
- Up to 12% for liquid oxygen and liquid nitrogen
- Up to 10% on monthly service charges
Some price adjustments may be outside of these ranges based on other specific situations.
The price adjustments are in response to increased costs to reliably supply Air Products’ customers’ growing demand for industrial gases. In addition to higher operating costs for both production and delivery of industrial gas products, Air Products has also experienced increased costs for bulk tanks due to higher metal prices.