Notice Regarding Sales Price Revision of Industrial Gases
Taiyo Nippon Sanso Corporation ("TNSC"; President: Kenji Nagata) announces that it has revised the shipment prices of various industrial gases, as follows.
Revision date: Shipments from February 2023 onward
Revision range: An increase of at least 20% compared to the current shipment price (except for helium
gas-related products)
The revision range for helium-gas related products will be notified for each product standard, such as purity and cylinder specification.
4. Reason for the revision
TNSC has been revising the prices of all types of industrial gases to reflect increased electricity charges due to soaring energy market prices and rising steel prices and raw material costs, increasing by an average of 10% for shipments from February 2022 and by an average of about 15% for shipments from August 2022.
However, as electricity charges have continued to rise significantly from the summer onward, and in view of the trends in energy market conditions, foreign exchange rates and decarbonization, the electricity charges that comprise a large proportion of these industrial gas cost increases are projected to remain high for the time being. Moreover, for helium gas, global supply and demand pressure, spot procurement costs to secure procurement volumes and so forth have given rise to an ongoing marked increase in raw material procurement costs.
Under this drastically changing environment, the rise in costs significantly exceeds our capacity to absorb through our own efforts, and as it will be difficult to maintain existing prices, we have now decided to revise its prices again.
Taiyo Nippon Sanso Corporation
Tnsc.Info@tn-sanso.co.jp
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Nippon Sanso Holdings Corporation published this content on 09 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 December 2022 06:22:04 UTC.
Nippon Sanso Holdings Corp is a Japan-based company engaged in the manufacture and sale of gas and related equipment. The Company operates in five segments which are Japan Gas segment, the United States Gas segment, the Europe Gas segment, the Asia and Oceania Gas segment, and the Thermos segment. The Company provides gas products, including oxygen, nitrogen, argon, carbon dioxide, helium, hydrogen, acetylene, medical gas, liquefied petroleum (LP) gas and special gas; equipment and materials, including electronic related equipment, fusing equipment, semiconductor manufacturing equipment, welding materials, medical equipment, air separation equipment; the assembling, processing, inspection and maintenance of electronic components; and stainless steel thermos bottles.
NIPPON SANSO HOLDINGS CORPORATION 
