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AIRCO ANNOUNCES REGULATORY COMPLIANCE CHARGE FOR BULK GAS CUSTOMERS

 MURRAY HILL, N.J., April 14 /PRNewswire/ -- Airco Gases, the U.S. gases business of the multinational BOC Group, announced today it will institute a Government Regulatory Compliance Charge (GRCC) for all bulk gas customers effective May 1.
 The purpose of the GRCC is to recover the costs of complying with mounting government-imposed regulations. These costs have increased more than 30 percent per year since 1987, and now represent an annual expense of approximately $10 million.
 The GRCC will be implemented through a delivery charge. All trailer deliveries of liquid and gaseous argon, carbon dioxide, helium, hydrogen, nitrogen and oxygen will be assessed a GRCC of $14.00. The same amount will apply to customer pick up, and to deliveries of gaseous product to customer ASME stations.
 In addition, cryogen deliveries by Dewar will be assessed a $3.00 GRCC for containers up to 249 liters, and a $7.00 GRCC for containers of 250 liters or more.
 Airco Gases is a member of the BOC Group, the worldwide industrial gases, healthcare, vacuum technology and distribution service company operating in more than 60 countries and with sales last year of $5.2 billion.
 -0- 4/14/93
 /CONTACT: Martha L. Eckert of Airco Gases, 908-771-1491, or fax, 908-771-1460/


CO: Airco Gases ST: New Jersey IN: SU:

LD-TM -- NY113 -- 5915 04/14/93 18:05 EDT
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Publication:PR Newswire
Date:Apr 14, 1993
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