16 September 2013 18:56 [Source: ICIS news]
HOUSTON (ICIS)--Air Products announced on Monday increased prices and monthly charges on a host of industrial gases for North American merchant customers, effective 1 October or as contracts permit.
Included in the price changes were an increase of up to 12% for liquid oxygen, liquid nitrogen and liquid carbon dioxide (CO2), and an increase of up to 20% for liquid argon, liquid and bulk hydrogen and bulk carbon monoxide (CO).
Pricing adjustments for liquid and bulk helium will be determined on a contract-by-contract basis, the industrial gas producer said.
The price changes are due to supply-demand imbalances that are driving up production and delivery costs, as well as increases in operating costs, Air Products said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections