Air Products (APD -1.2%) signs MOU to acquire helium produced in Eastern Siberia when Gazprom...

|About: Air Products and Chemicals,... (APD)|By:, SA News Editor

Air Products (APD -1.2%) signs MOU to acquire helium produced in Eastern Siberia when Gazprom (OGZPY.PK) begins to develop natural gas resources there. The memorandum is an effort by APD to ensure it can meet increased customer demand for helium. APD notes in its 2012 annual report that it "experienced shortages in helium supply [during the year] due to industrywide sourcing shortfalls."