Air Liquide Industrial U.S. LP, the subsidiary of American Air Liquide Holdings, Inc. that supplies bulk industrial gases throughout the U.S., announces it will raise prices for its industrial gas customers.
The price increases will be 10 percent for liquid oxygen, liquid nitrogen, liquid argon, helium, hydrogen, carbon dioxide and dry ice. Facility fees will increase up to 15 percent. Existing product discounts may also be reduced or eliminated. These changes will become effective December 1, 2009, and will vary based on customer geographies, volumes and existing customer contracts.
Air Liquide is committed to maintaining the high level of service expected by its customers. Price adjustments have become necessary due to rising energy costs and supply chain inefficiencies resulting from fluctuating customer requirements.
Air Liquide Industrial U.S. LP is the subsidiary of American Air Liquide Holdings, Inc. responsible for providing bulk industrial gases and related services to a diverse base of customers in the U.S., including those in the chemical, food, pharmaceutical, metals and automotive industries. American Air Liquide Holdings, Inc. is the subsidiary of Air Liquide Group responsible for its North American operations.
Air Liquide’s Industrial Merchant business is present throughout the U.S. providing gases in bulk tankers or in cylinders to diverse sectors in automotive, manufacturing, food, pharmaceuticals, materials, energy, technology, research and to distributors. Industrial gases optimize production processes, enhance safety and improve product quality.
Air Liquide is the world leader in gases for industry, health and the environment, and is present in over 75 countries with 43,000 employees. Oxygen, nitrogen, hydrogen and rare gases have been at the core of Air Liquide’s activities since its creation in 1902. Using these molecules, Air Liquide continuously reinvents its business, anticipating the needs of current and future markets. The Group innovates to enable progress, to achieve dynamic growth and a consistent performance.
Air Liquide combines many products and technologies to develop valuable applications and services not only for its customers but also for society. Innovative technologies that curb polluting emissions, lower industry’s energy use, recover and reuse natural resources or develop the energies of tomorrow, such as hydrogen, biofuels or photovoltaic energy… Oxygen for hospitals, homecare, fighting nosocomial infections…
A partner for the long term, Air Liquide relies on employee commitment, customer trust and shareholder support to pursue its vision of sustainable, competitive growth. The diversity of Air Liquide’s teams, businesses, markets and geographic presence provides a solid and sustainable base for its development and strengthens its ability to push back its own limits, conquer new territories and build its future.
Air Liquide explores the best that air can offer to preserve life, staying true to its sustainable development approach. In 2008, the Group’s revenues amounted to €13.1 billion, of which almost 80% were earned outside France. Air Liquide is listed on the Paris Euronext stock exchange (compartment A) and is a member of the CAC 40 and Dow Jones Euro Stoxx 50 indexes.
Heather L. Browne
Air Liquide USA LLC
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