Effective February 1, 2020, or as contracts permit, Air Products (NYSE: APD) will increase product pricing, monthly service charges, and surcharges for merchant customers in North America. The pricing adjustments include increases of:
- Up to 15% liquid and bulk hydrogen;
- Up to 20% for liquid argon;
- Up to 10% for liquid nitrogen and liquid oxygen; and
- Up to 10% for liquid carbon dioxide and monthly service charges.
Some price adjustments may be outside of these ranges based on specific situations. These adjustments are in response to increases in sourcing, production and delivery costs, and support continued investments in reliability, security, and safety.