The 2020 Mid-Year Economic Update_long

Airgas to Raise Prices


Higher electricity and energy prices, as well as metals prices, have led Airgas, Inc., Radnor, PA, to increase prices on packaged and bulk gases, and other products.


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We are facing rising costs, even though the escalation of the past year has moderated, said Airgas Chairman and CEO Peter McCausland.


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Prices will increase, on average:




  • 10%-15% for packaged and bulk industrial gases, including oxygen, nitrogen, and argon; acetylene and other fuel gases; specialty gases; process chemicals and rare gases; medical gases; nitrous oxide, carbon dioxide, hydrogen, and dry ice;


  • 15%-25% for helium

Effective immediately, Airgas also will raise rental rates for cylinders and bulk tanks ...

Higher electricity and energy prices, as well as metals prices, have led Airgas, Inc., Radnor, PA, to increase prices on packaged and bulk gases, and other products.


&nbsp ;


We are facing rising costs, even though the escalation of the past year has moderated, said Airgas Chairman and CEO Peter McCausland.


&nbsp ;


Prices will increase, on average:




  • 10%-15% for packaged and bulk industrial gases, including oxygen, nitrogen, and argon; acetylene and other fuel gases; specialty gases; process chemicals and rare gases; medical gases; nitrous oxide, carbon dioxide, hydrogen, and dry ice;


  • 15%-25% for helium

Effective immediately, Airgas also will raise rental rates for cylinders and bulk tanks and other delivery and service charges by 8-15% and will continue to pass along higher pricing for hardgoods and safety products.&nbsp ;


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Higher electricity and energy prices have led to substantial increases in product costs as well as operating costs at Airgas fill plants and other facilities. The company also has seen higher prices for cylinders, bulk tanks, equipment, and welding consumables, due to metal prices, which all factored into the pricing actions.


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