LEHIGH VALLEY, Pa., March 3 /PRNewswire-FirstCall/ -- Effective April 1, 2008, or as contracts permit, Air Products (NYSE: APD) will increase prices on liquid and bulk helium by a minimum of 20 percent for merchant customers in North America.

The pricing initiatives are needed to cover escalating material, labor, and energy costs associated with the production and distribution of its helium products and additional capital investment required to meet current and future demand.

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

SOURCE Air Products

Source: PR Newswire (March 3, 2008 - 2:23 PM EST)

News by QuoteMedia
www.quotemedia.com