Resonac Gas Products will revise the prices of industrial gases, equipment and their related items.

In the industrial gas segment, they will raise the prices of liquefied carbon dioxide, dry ice, oxygen, nitrogen. argon, hydrogen and helium from the delivery on March1.

The planned markup of revision will be 20% or more than the current prices, due to the present and further anticipated price hike of electricity and fuel costs with the added rise of logistic cost. As for the price revision of helium, they point out the worldwide tight supply and the weakened yen causing rise in the procurement cost.

Regarding the industrial equipment and the related products, they already increased their prices by 15% or more from the orders received in January. The applicable items include dry ice, blast device, deburring device and media, and pipe freezer, all of which are imported and influenced by the substantial hike of procurement cost with the back-ground of weak yen. That made the company revise the prices.