Air Products Increases Prices for Functional Additives
Friday, Sep 17, 2010
Air Products (NYSE:APD) today announced that, effective October 15, 2010, or as contracts allow, it will increase all list and off-list prices for its Tomamine®, Tomadol®, Tomadry(TM), and Tomadyne(TM) products by three cents per pound to 12 cents per pound.
The price increase is necessary to address escalating operating and distribution costs.
Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visit www.airproducts.com.
Source: PR Newswire