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People & Business :: Earnings/Finance

Airgas increases helium prices

9:19 AM MST | December 30, 2013 | Lindsay Frost

Airgas announced today that it is increasing prices for helium by about 20%, effective immediately. Specific price increases may differ depending on market conditions. The company says the action is in response to rising crude helium prices due to the Bureau of Land Management's charges to helium refiners and which have driven up the cost of pure helium from suppliers. The global helium shortage and the resulting allocations of helium are nearing the end of their third year, the company says, resulting in supply chain disruption challenges. “The costs of...

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