Air Liquide Industrial U.S. LP, the subsidiary of American Air Liquide Holdings, Inc. that supplies bulk industrial gases throughout the U.S., announced today that it will raise prices for its industrial gas customers.
Prices for bulk oxygen, nitrogen and hydrogen will increase approximately 15 percent. Carbon dioxide and dry ice prices will increase 10 percent. Prices for helium, which has been impacted worldwide by increased demand and limited sources, will increase 15 percent. Prices for argon will increase by 20 percent due to higher costs of production. These changes will become effective October 15 and will vary based on customer geographies, volumes and existing customer contracts.
In addition to offsetting growing manufacturing costs, the price adjustments will provide re-investment capital to increase plant capacities and fund efficiency improvement projects to benefit customers.
Air Liquide Industrial U.S. LP provides bulk gases and related services to a diverse base of U.S. customers 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.