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News ReleaseAir Products Announces Pricing Actions for North American Merchant Gas Customers

April 16, 2007 Lehigh Valley, Pa.

Effective May 1, 2007, or as contracts permit, Air Products (NYSE:APD) will increase schedule pricing for liquid argon by 15 to 25 percent, liquid helium by 30 to 40 percent, and liquid-bulk oxygen and nitrogen by 10 to 15 percent for merchant customers in North America. Additionally, the company will increase its monthly service charge schedule pricing by 15 percent.

The pricing initiatives are being implemented to cover the continued escalating production costs of helium, argon, oxygen and nitrogen, as well as rising equipment replacement and maintenance costs for customer storage and supply systems.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.


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Contact Information

  • Press Contact
    Art George
    Air Products and Chemicals, Inc.
    7201 Hamilton Boulevard
    Allentown, PA 18195-1501
  • Investor Contact
    Simon Moore
    (610) 481-7461
    Air Products and Chemicals, Inc.
    7201 Hamilton Boulevard
    Allentown, PA 18195-1501
    (610) 481-2729
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