Taylor-Wharton announces Energy Surcharge on Cryogenic Products

(Camp Hill, PA) Harsco Corporation’s Taylor-Wharton announced today that effective May 15, it will be assessing a temporary 1.9% energy surcharge on all orders placed for cryogenic storage equipment. This surcharge is a result of the steadily rising energy costs that have been playing havoc on the US economy for the past year.

"We have avoided a surcharge as long as we possibly could," said Scott Boyd, Taylor-Wharton’s VP - Sales and Marketing. "But fueling cost have continued to spiral out of control, well beyond our ability to absorb them internally."

It has been reiterated that this surcharge and the one levied last month on high pressure and acetylene cylinders are temporary. "Taylor-Wharton is taking all precautions to try and neutralize any additional charges and resume business as normal," added Boyd.

The Gas & Fluid Control Group of Harsco Corporation manufactures the broadest range of gas and fluid control equipment in the world, including Taylor-Wharton cryogenic containers, high pressure cylinders, and acetylene cylinders; American Welding & Tank propane tanks; Structural Composites Industries (SCI) composite pressure vessels and structures; Sherwood valves for industrial, commercial, and recreational use, including Superior Refrigeration Products; Air-X-Changers heat exchangers and Capitol Manufacturing fluid fittings. Operating from 30 facilities in eight countries on four continents, the Gas & Fluid Control Group markets its products in more than 80 countries worldwide.

Additional information about Harsco, including the company’s latest financial results and news releases, can be found at Harsco's World Wide Web site at www.harsco.com.

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