Monday, August 15, 2011 12:29:53 PM
http://www.prnewswire.com/news-releases/air-products-announces-north-america-price-increase-for-liquid-and-bulk-helium-gases-127737258.html
LEHIGH VALLEY, Pa., Aug. 15, 2011 /PRNewswire/ -- Effective September 1, 2011, or as contracts permit, Air Products (NYSE: APD) will be implementing a price increase of 15 percent for liquid and bulk helium gases in North America.
The pricing adjustment is the result of several factors including the continued strong demand over the past year for helium and significant reductions in supply. The helium market has been tight across the globe with product allocations implemented by the U.S. Bureau of Land Management and with many other global helium sources producing below capacity. Additionally, new helium sources located primarily outside of the U.S. are extremely expensive, wholesale prices for crude and processed liquid helium have increased, and costs have escalated for power and diesel.
Air Products' worldwide helium team is managing this difficult situation on a daily basis so that it can continue to bring uninterruptible supply to customers. It is expected that demand will exceed supply for the next two to three years, thus creating ongoing shortages in the market.
Recent APD News
- Air Products and Tatung Forever Energy Sign Power Purchase Agreement for Solar Electricity in Taiwan • PR Newswire (US) • 08/28/2024 03:00:00 PM
- Air Products' Vice President, Investor Relations, to Speak at Jefferies Industrials Conference on September 4 • PR Newswire (US) • 08/28/2024 01:00:00 PM
- Air Products Publishes 2024 Sustainability Report - "Generating a Cleaner Future" • PR Newswire (US) • 08/08/2024 05:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 06:12:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 11:58:09 AM
- Air Products Reports Fiscal 2024 Third Quarter GAAP EPS of $3.13 and Adjusted EPS of $3.20 • PR Newswire (US) • 08/01/2024 10:00:00 AM
- Air Products Trials First Mercedes-Benz Genh2 Trucks as Part of Pioneering Project with Daimler Truck and Announces Plans for a European Hydrogen Refuelling Network • PR Newswire (US) • 07/25/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/22/2024 11:00:32 AM
- Air Products' Chairman, President and CEO Seifi Ghasemi Announces Formation of Senior Management Board • PR Newswire (US) • 07/22/2024 11:00:00 AM
- Air Products Declares Quarterly Dividend • PR Newswire (US) • 07/18/2024 02:00:00 PM
- Air Products to Build, Own and Operate Two New Air Separation Units at its Facilities in Georgia and North Carolina • PR Newswire (US) • 07/17/2024 02:00:00 PM
- Air Products Appoints Eric Guter Vice President, Investor Relations • PR Newswire (US) • 07/16/2024 08:30:00 PM
- Air Products Awarded an "A" on MSCI's Environmental, Social and Governance (ESG) Ratings • PR Newswire (US) • 07/15/2024 03:00:00 PM
- Costco Hikes Membership Fees; ON Semiconductor Stock Drops 3%; WD-40 Soars 13% on Strong Q3 Earnings • IH Market News • 07/11/2024 10:17:26 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 08:46:04 PM
- HONEYWELL TO ACQUIRE AIR PRODUCTS' LIQUEFIED NATURAL GAS PROCESS TECHNOLOGY AND EQUIPMENT BUSINESS TO EXPAND ENERGY TRANSITION SOLUTIONS AND SERVICES • PR Newswire (US) • 07/10/2024 11:00:00 AM
- HONEYWELL TO ACQUIRE AIR PRODUCTS' LIQUEFIED NATURAL GAS PROCESS TECHNOLOGY AND EQUIPMENT BUSINESS TO EXPAND ENERGY TRANSITION SOLUTIONS AND SERVICES • PR Newswire (US) • 07/10/2024 11:00:00 AM
- Air Products to Broadcast Fiscal Third Quarter Earnings Teleconference on August 1, 2024 • PR Newswire (US) • 07/01/2024 08:00:00 PM
- Air Products Membrane Solutions Breaks Ground on $70 Million Expansion of its Missouri Manufacturing and Logistics Center • PR Newswire (US) • 06/25/2024 08:55:00 PM
- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/20/2024 02:51:33 PM
- Air Products to Showcase Industrial Gas Solutions at the PowderMet2024 International Conference on Powder Metallurgy and Particulate Materials • PR Newswire (US) • 06/13/2024 02:00:00 PM
- Decarbonization of European Refineries: A First Agreement Signed Between TotalEnergies and Air Products for the Delivery of Green Hydrogen • Business Wire • 06/07/2024 02:08:00 PM
- Décarbonation des raffineries européennes : Un premier accord signé entre TotalEnergies et Air Products pour la livraison d'hydrogène vert • Business Wire • 06/07/2024 02:08:00 PM
- Decarbonization of European Refineries: A first agreement signed between TotalEnergies and Air Products for the delivery of Green Hydrogen • PR Newswire (US) • 06/07/2024 01:00:00 PM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 01:00:58 PM
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM