Air Products Increases Prices for Functional Additives

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May 23, 2011, 03:53 ET

LEHIGH VALLEY, Pa., May 23, 2011 /PRNewswire/ -- Air Products (NYSE: APD) today announced that effective June 15, 2011, or as contracts allow, it will increase prices up to 10 cents per pound for products sold under the trade names Tomamine® Surfactant, Tomadry™ Surfactant, Tomadyne™ Surfactant, Tomadol® Surfactant, Nonidet® Surfactant, Nonatell® Surfactant and NEODOL® Alcohol. NEODOL is a registered trademark of Shell Trademark Management B.V.

Air Products (NYSE: APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2010, Air Products had revenues of $9 billion, operations in over 40 countries, and 18,300 employees around the globe. For more information, visit www.airproducts.com.

***NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company's Form 10K for its fiscal year ended September 30, 2010.

SOURCE Air Products