BOC Gases announces global helium price increase
BOC Gases has announced that it will increase helium prices by 10 to 15 percent, effective October 1, 2003, or as contracts allow.
The increase is necessary to offset the higher costs of purchasing and producing helium and will affect customers purchasing helium in liquid dewars, gaseous tube trailers and bulk liquid containers.
BOC has experienced significantly higher crude helium feedstock costs driven by purchases of crude helium from the US Bureau of Land Management. Purchasing the high cost crude helium from the BLM is necessary to offset declining production from lower cost private sources.
BOC operates one of the world's largest helium refining facilities in Otis, Kansas, and also has access to helium produced by sources in Wyoming, Utah, Poland, Russia, and Algeria. From these facilities, BOC transports the liquid helium to a worldwide network of 47 local distribution facilities.
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