Air Products (NYSE: APD), Lehigh Valley, PA, will increase product pricing and monthly charges for merchant customers in North America effective March 1 or as contracts permit.
The pricing adjustments include increases of up to 20 percent for liquid argon; up to 15 percent for liquid and bulk hydrogen; and up to 10 percent for liquid oxygen, liquid nitrogen, liquid and bulk helium, and liquid carbon dioxide.
Some price adjustments may be outside of these ranges based on specific situations. These adjustments are in response to the cost impact associated with the significant slowdown in the steel market, and increasing operational and delivery costs associated with specific regional supply and demand imbalances in order to meet customer needs.